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    ABC (Azerbaijan): BP ready to join a TANAP gas pipe consortium probably at expense of SOCAR stake

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Summary

Memorandum of Intention on TANAP gas pipeline states that TANAP will also be open for participation by other international gas companies.

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Azerbaijan, Press Notes

ABC (Azerbaijan): BP ready to join a TANAP gas pipe consortium probably at expense of SOCAR stake

A new strong member may appear in the consortium being formed by the State Oil Company of Azerbaijan (SOCAR), BOTAS and TPAO for construction of Trans-Anatolian gas pipeline (Trans Anadolu Dogalgaz Pipeline; TANAP).

In an interview for The Financial Times, BP Vice President on Shah Deniz field development Alastair Cook stated that BP received a direct offer to join the TANAP project.  MORE