“In 2009, to be awarded long-term contracts on gas supplies within the” Phase 2 “development of” Shah Deniz “to decide on the start of the second phase project”, – said President of SOCAR Rovnag Abdullayev.According to him, are being considered various options for gas exports, which will be produced in a “Phase 2″ refers AZER-PRESS. “We are working on several options, one of which is the delivery of Russian gas company Gazprom, and others connected with the supply of gas to Europe and Turkey. With all the negotiations. Our goal – to sell the gas at the best and highest price. Work is now in marketing research in this direction, “- said the President of SOCAR. The contract for the development of “Shah Deniz” was signed in Baku on 4 June 1996 and ratified by Milli Majlis on 17 October the same year. Participants in the “Shah Deniz” are: BP (operator – 25,5%), Statoil (25,5%), State Oil Company of Azerbaijan (10%), Lukoil (10%), NICO (10%), TotalFinaElf (10%) and TPAO (9%).
