Azerbaijan may launch the second stage of the BP PLC (BP)-led Shah Deniz field in the Caspian Sea in 2014, two years earlier than planned, Khoshbakht Yusifzade, vice president of Azeri state oil company Socar, said Thursday.
Socar has proposed starting drilling at low depths, which will allow production to begin earlier, Yusifzade said.
BP and Socar have still to decide a final development plan for Shah Deniz stage 2.