19 jul: USA/tendens: Stigninger og masser af regnskaber
19 jul: USA/åbning: Regnskaber belønnes på Wall Street
19-07-2012 15:06:00

BP Approached By Azerbaijan Oil Company To Participate In Gas Pipeline

Relateret indhold

By Olga Razumovskaya in Moscow and Aida Sultanova in Baku

MOSCOW--BP (BP.LN) has been approached by the State Oil Company of Azerbaijan Republic, SOCAR, to participate in the Trans-Antolian gas pipeline, or TANAP, project, Al Cook, vice-president of Shah Deniz Development for BP, told reporters Thursday.

"We have received a formal invitation from SOCAR to join TANAP," said Mr. Cook. "We will support SOCAR with our experience in operating pipelines and therefore we would like to have enough material stake to support and contribute to the project."

TANAP is a proposed natural gas pipeline from Azerbaijan through Turkey to Europe, which would transport gas from the second stage of the Shah Deniz gas field, the largest natural gas field in Azerbaijan, situated in the South Caspian Sea.

Shah Deniz Stage 2 is expected to add a further 16 billion cubic meters a year of gas production to the 9 billion from Shah Deniz Stage 1.

"We want to develop these pipelines to understand them better, to understand how much they are going to cost, to understand what gas markets they can reach," Mr. Cook said.

"Then, once we have a better understanding of the value and risks of the pipelines, we will make a decision on whether we select TAP or Nabucco West [two competing pipelines]," he added.

"We will treat TAP and Nabucco West, the two European pipeline options, equally and in the same way. We will sign the same agreements with both projects. Although we have reached an agreement in principle to take equity in TAP, we also plan to reach an agreement to take equity in Nabucco West," Mr. Cook said.

Previously, SOCAR president Rovnag Abdullaev said that the company is interested in attracting new participants to the TANAP project, in which it has 80%. He said that several companies expressed their interest including BP, Statoil (STL.OS) and Total (FP.FR).

Write to Olga Razumovskaya olga.razumovskaya@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

July 19, 2012 09:06 ET (13:06 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Simcorp: Statsejet investeringsfond udvider forretningsomfang

24-05-2016 16:33:20
En mellemøstlig, statsejet investeringsfond har truffet aftale med softwareproducenten Simcorp om at udvide fondens anvendelse af Simcorp Dimension.Det oplyser ..

Nordea siger hverken ja eller nej til højere bidragssats

24-05-2016 12:55:20
I Nordeas forretning for boliglån er en konkurrents melding om højere bidragssatser ikke gået ubemærket hen.Realkredit Danmark varsler prisstigninger for en del..

Aktier/middag: Genmab fortsætter rekordridt på grøn dag

24-05-2016 11:41:24
De danske aktier er efter en lavere start kommet i bedre form ud på formiddagen tirsdag og ligger kort før middag med små plusser.Blandt eliteaktierne trækker b..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Vestas-dir: Innovation eller vi dør
2
Tirsdagens aktier: Novo og Nordea trak C20 til solidt plus
3
Danske/Nordnet: Sådan vil bidragssatserne påvirke aktien
4
Aktier/tendens: Udsigt til let vigende aktier efter fald i USA
5
Aktier/middag: Genmab fortsætter rekordridt på grøn dag

Relaterede aktiekurser

BP PLC $0.25 358,88 0,4% Stigning i aktiekurs
BP p.l.c. 31,84 1,2% Stigning i aktiekurs
Total 43,12 1,7% Stigning i aktiekurs
Total S.A. 48,13 1,2% Stigning i aktiekurs
Statoil ASA 16,17 0,7% Stigning i aktiekurs
Total S.A. Total ORD SHS 42,58 -0,3% Fald i aktiekurs
Statoil 135,00 0,8% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2016  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
25. maj 2016 01:30:07
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20160524.2 - EUROWEB5 - 2016-05-25 01:30:07 - 2016-05-25 01:30:07 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x