Britain urges to speed Azeri gas supplies to Europe
Transporting Azerbaijani gas to European markets is an urgent issue today, British Energy Minister Charles Hendry told journalists in Baku on Thursday.
He said the issue requires prompt solution.
"[Azerbaijan’s offshore] Shahdaniz field is one of the largest gas fields, and it is very important to deliver gas from this field to the European market as soon as possible," he said.
Regarding other sources of gas such as Turkmenistan and Iraq, the minister said these volumes could be delivered at a later stage.
The Shahdaniz field in the Caspian Sea holds estimated reserves of 1.2 trillion cubic meters of gas. The field is being developed by an international consortium including British oil giant BP, which holds 25.5 percent in the project.
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