Shah Deniz works underway

BP, which is a technical operator of the Shah Deniz natural gas well announced recently that the second stage of Shah Deniz construction work is underway. The final decision was made on December 17, 2013.

The estimated expenditures for completing the work is $28 billion. It has been envisaged that at full capacity, the natural gas will be extorted by 2020. By that time it will be producing 16 billion cubic meters annually.