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    Reuters: BP Sees TANAP Gas Pipeline Project Deal Within Two Months

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Summary

Chris Schlueter, BP country manager for Georgia, has told Reuters that the partners in TANAP are "very, very close" to finalising TANAP deal

by: Erica Mills

Posted in:

Press Notes

Reuters: BP Sees TANAP Gas Pipeline Project Deal Within Two Months

British oil major BP expects to sign a deal with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to become a stakeholder in the multi-billion dollar project that aims to reduce Europe's reliance on Russian gas.

Chris Schlueter, BP country manager for Georgia, told Reuters on Wednesday that all main documents were signed last week.

"We are very, very close ... That has been very good progress over the last week and a half ... I think (we will sign the deal) within the next two months," Schlueter said on the sidelines of the Georgian Oil, Gas, Energy and Infrastructure conference in the capital Tbilisi.

Read the full article HERE.