Bank Of Baku

Nabucco project to present final bids related to buying share of Shah Deniz partners in the project to Azerbaijan

Nabucco project to present final bids related to buying share of Shah Deniz partners in the project to Azerbaijan
# 09 October 2012 14:56 (UTC +04:00)
Baku. Ali Ahmadov – APA-Economics. In the coming days, Nabucco project will present the final bids related to share of partner companies on Shah Deniz project to Azerbaijan, President of SOCAR Rovnag Abdullayev said, APA reports.

To him, the amount of share has not been specified, yet.

Moreover, Abdullayev noted that the share of Shah Deniz partners would be more than 50% in TAP project, which is the alternative of Nabucco.

Abdullayev stated that in 2012, reduction of oil extraction was connected with security measures, carried out by BP in Azeri-Chirag-Gunashli field and suspension of drilling of new wells.
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