Support The Moscow Times!

BP Mulls Caspian Gas Line

BAKU, Azerbaijan — A BP-led group may consider another pipeline project to transit natural gas from the Shah Deniz deposit in the Azeri sector of the Caspian Sea, potentially rivaling the European Union-backed Nabucco proposal.

The new route will connect Turkey to southeast Europe, Tamam Bayatli, a spokeswoman for BP in the Azeri capital said Monday. "We are interested in low costs and, technically, the pipeline should be expanded when needed," she said.

The new route may compete with Nabucco, which is vying for Caspian fuel supplies with the smaller Trans-Adriatic Pipeline planned by Statoil, a partner in Shah Deniz, and E.On, and the ITGI link proposed by Edison and Depa.


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.