Contract signed for expansion of South Caucasus Pipeline

  26 May 2014    Read: 664
Contract signed for expansion of South Caucasus Pipeline
The consortium for `Shah Deniz` gas and condensate field`s development in the Azerbaijani sector of the Caspian Sea signed a contract to hold construction works jointly with `Saipem/Azfen` venture as part of expansion of the South Caucasus Pipeline.
Speaking at the signing ceremony, BP`s Shah Deniz 2 Vice President, Ewan Drummond said 15 major contracts worth over $8 billion were signed as part of the Shah Deniz 2 development.

He added that most of the works under the Shah Deniz 2 project will be finished by 2017.

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