The partners in Azerbaijan's Shah Deniz 2 gas field will make a final investment decision on the project in 2013 and choose between two pipelines vying to carry its gas to Europe in June, Al Cook, BP PLC (BP) vice president for the project said Wednesday.
The partners in
Azerbaijan
's
Shah Deniz 2 gas field will make a final investment decision on the project in
2013 and choose between two pipelines vying to carry its gas to
Europe
in
June, Al Cook, BP PLC (BP) vice president for the project said Wednesday.
Gas from Shah Deniz 2 will be transported to
Europe
via
Turkey
,
where it will link up with either the Trans-Adriatic Pipeline or Nabucco-West. Deliveries
are expected to start in 2018, with
Turkey
receiving 6 billion cubic meters per year and
Europe
10
bcm.
The European Union has long supported the delivery of gas from
Azerbaijan
to
reduce its dependence on Russian supplies.
Russia
in
December started construction of a pipeline to take its gas to southeast
Europe
via
the
Black Sea
by 2016.
Shah Deniz is being developed by BP, Statoil ASA (STO) of
Norway
,
France
's
Total S.A. (TOT) and other foreign firms along with
Azerbaijan
's
state energy company Socar.
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