Bank Of Baku

SOCAR to get equity in TAP

SOCAR to get equity in TAP
# 28 June 2013 13:47 (UTC +04:00)

According to him, SOCAR will join stakeholders of TAP. So, the company must keep the work of Shahdeniz consortium under control and provide additional incomes of Azerbaijan from gas transport to Europe.

 

Nasirov also said that the stakeholders can include BP and Total.

 

In turn, TAP’s current stakeholders are expected to give 50%-equity to Shahdeniz participants.

 

He also added that BP Total and Statoil expressed their consent about getting equity in TANAP.

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