Azerbaijan and BP discussed Southern Gas Corridor Project, as Energy Minister of Azerbaijan Parviz Shahbazov met Gary Jones, Regional President of BP for Azerbaijan, Georgia and Turkey.
According to the Ministry of Energy, the meeting focused on current state of cooperation with BP and the work done to implement the Southern Gas Corridor project.
The meeting hailed that the parts of the Southern Gas Corridor being implemented under BP operatorship – “Shah Deniz Stage 2” and “The South Caucasus Pipeline Expansion projects” are almost complete. Both projects, as well as Trans-Anatolian (TANAP) gas pipeline project, will enable the first gas to be transported in mid-2018.
At the meeting, Gary Jones also touched upon issues to be prepared and discussed at the fourth meeting of the ministers within the Southern Gas Corridor Advisory Council to be held in Baku on February 15.
Speaking about the preparatory work, Shahbazov said that the implementation of the Southern Gas Corridor is now at a crucial stage. Previous meetings of the Advisory Council have played an important role in implementing the project according to plan. This meeting will also be a joint consideration of the work done over the past period and will define the next targets together.
The two also exchanged views on issues emerging from the new Production Sharing Agreement on the Azeri-Chirag-Gunashli block, other energy projects involving BP, as well as the latest situation in the world energy market.