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    market news

    BP to Join Azerbaijan Developed Trans-Anatolia Project

    Investing News Network
    Jan. 24, 2013 11:33AM PST
    Oil and Gas Investing

    Bloomberg announced that BP plans to join the Trans-Anatolia project that will deliver gas from the Caspian field of Shah Deniz to Europe.

    Bloomberg announced that BP plans to join the Trans-Anatolia project that will deliver gas from the Caspian field of Shah Deniz to Europe.

    As quoted in the market report:

    BP signed a “framework” accord to take 12 percent of the Tanap pipeline, BP Azerbaijan Vice President for Shah Deniz Al Cook said today in the Azeri capital of Baku. The deal follows Chief Executive Bob Dudley’s Dec. 18 visit to the city.

    To view the whole Bloomberg report, click here.

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