On December 17, 2013 Azerbaijani President Ilham Aliyev received Robert Dudley, BP General Executive Director.
The presidential web site reads that the sides have expressed satisfaction with development of a long-term cooperation between Azerbaijan and BP, stressed importance of a final investment decision on the Shah-Deniz-2 project from the viewpoint of energy safety of Europe and development of regional cooperation.
The sides said during the conversation that State Oil Company of Azerbaijan (SOCAR) and BP have established a successful cooperation and exchanged opinions on the issues related to the perspectives of this cooperation.
This year Azerbaijan President has received BP Executive Director three times, the last time was early November.—0--
Economics
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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In 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
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