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US Ambassador to Azerbaijan: Sanction could have been imposed on the operation of â€œShahdenizâ€ field

24 May 2013 09:04 (UTC +04:00)

Ambassador spoke about the compromise reached during the operation of “Shahdeniz” field.

“Sanctions could have been imposed on “Shahdeniz” field in the Caspian Sea, because Iran has a 10% share in “Shahdeniz” oil field and the companies cooperating with Iran in the sphere of oil and gas may be imposed sanctions by the US. But what did the US Congress say? The Congress considered it expedient to ensure the compromise. Otherwise, the operation of “Shahdeniz” could have been frozen for 20 years. In this case, international companies would not have been able to take a step forward in the operation of this field. But let’s view this issue from another aspect. What if the gas would have gone to only Iran or Russia?”

Richard Morningstar also touched on the importance of politics in the relations and process management.

“Sometimes politics has very serious influence on the legislation. Therefore, we have to clarify any issue that may cause dispute,” he said.