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Friday, May 01, 2009

Shah Deniz Phase Two Postponement Officially Confirmed - The Jamestown Foundation

"Shah Deniz Phase Two Postponement Officially Confirmed
Publication: Eurasia Daily Monitor Volume: 6 Issue: 84
May 1, 2009 02:19 PM

By: Vladimir Socor

Shah Deniz Oil Platform in Operational Position

Norway's StatoilHydro company, commercial operator of the gas export pipeline from Azerbaijan's Shah Deniz field, has publicly identified Turkey as stalling on the transit agreement for Shah Deniz gas to Europe. StatoilHydro's latest statements corroborate the concerns of European and Azerbaijani officials on this issue (EDM, March 4, 5, 16, April 20, 27). The Turkish AKP government's stalling hurts Azerbaijan's interests, those of the multinational consortium that develops the giant offshore Shah Deniz field, and European Union interests in the Nabucco pipeline project, the start of which depends on the gas from Shah Deniz."

More:Shah Deniz Phase Two Postponement Officially Confirmed - The Jamestown Foundation