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Statoil Starts Talks On 10BCM in Gas Supplies From Shah-Deniz

The Norwegian company Statoil, as the operator of the consortium operating the Shah-Deniz gas field in Azerbiajan, has initiated the start of bilateral negotiations with potential clients to deliver about 10 billion cubic meters of gas from the second phase of the project, 1news.az reported, citing the Wall Street Journal.

Statoil Starts Talks On 10BCM in Gas Supplies From Shah-Deniz

The Norwegian company Statoil, as the operator of the consortium operating the Shah-Deniz gas field in Azerbiajan, has initiated the start of bilateral negotiations with potential clients to deliver about 10 billion cubic meters of gas from the second phase of the project, 1news.az reported, citing the Wall Street Journal.
"We plan to conduct bilateral negotiations with potential clients", representatives from Statoil said in replay to a query from the WSJ, while stressing the company does not plan to hold a tender.
"Potential clients have passed preliminary qualification and negotiations will begin soon", the representative said.
According to Statoil representatives, the clients include "three pipeline projects", though these were not named.


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