BAKU, Azerbaijan, April 15. Azerbaijan and bp
discussed the development of oil and gas production capacity,
Azerbaijan’s Minister of Energy Parviz Shahbazov wrote on his X
account, Trend
reports.
“During the meeting with Giovanni Cristofoli, bp’s regional
president for Azerbaijan, Georgia, and Türkiye, we discussed the
cooperation priorities, including the development of oil and gas
production potential, electrification, and the solar power plant
scheduled to be commissioned in 2027,” the publication reads.
bp has been operating in Azerbaijan for 30 years and is the
largest foreign investor in the country. Currently, bp operates one
of the world’s largest oil fields—Azeri-Chirag-Gunashli—and the
equally large Shah Deniz gas field.
“We have built excellent partnerships with the Government of
Azerbaijan, SOCAR, and other partners. With 30 years of successful
experience in the Caspian region, we are a leading operator capable
of safely, reliably, and efficiently delivering world-class
projects.”
We will continue to invest in projects that meet international
energy standards and bring the most sophisticated and advanced
technologies and expertise in the industry to the Caspian
region.
“We will use this unique experience and knowledge to
successfully implement new projects in this basin—the further
development of the ACG field (under the new expanded agreement),
SWDS, Shafag-Asiman, and other potential projects,” the statement
of bp says.
