Shah Deniz group to take 50% in Nabucco

摘要

London—Partners in the giant Shah Deniz natural gas field offshore Azerbaijan have agreed an option to take 50% in the equity of the Nabucco West gas pipeline consortium. It follows a similar option deal from August last year agreed by the Shah Deniz partners—Azerbaijan’s state-owned Socar, BP, Norway’s Statoil and France’s Total—for an option to take 50% in the rival Trans Adriatic Pipeline (TAP) project.