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2017-09-20 08:35:00

BP - AZERBAIJAN OIL DEAL

BP - AZERBAIJAN OIL DEAL

PLATTSBP and its partners in Azerbaijan's giant ACG oil production complex agreed Thursday to extend the production sharing contract by 25 years to 2049 and to increase the stake of state-owned SOCAR, reducing the size of their own shares.

The Azeri-Chirag-Deepwater Gunashli (ACG) complex in the Caspian Sea produces most of Azerbaijan's sought-after crude oil.

At the time of the signing of the original production sharing contract in 1994,…

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Tags: BP, AZERBAIJAN, OIL, SOCAR, STATOIL

Chronicle:

BP - AZERBAIJAN OIL DEAL
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

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BP - AZERBAIJAN OIL DEAL
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

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BP - AZERBAIJAN OIL DEAL
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

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BP - AZERBAIJAN OIL DEAL
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

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