Contract signed for expansion of South Caucasus Pipeline

Baku, Azerbaijan, May 26 By Emil Ismayilov - Trend: The consortium for 'Shah Deniz' gas and condensate field's development in the Azerbaijani sector of the Caspian Sea signed a contract to hold construction works jointly with 'Saipem/Azfen' venture as part of expansion of the South Caucasus Pipeline. Speaking at the signing ceremony, BP's Shah Deniz 2 Vice President, Ewan Drummond said 15 major contracts worth over $8 billion were signed as part of the Shah Deniz 2 development. He added that most of the works under the Shah Deniz 2 project will be finished by 2017. Story still developing Follow us on Twitter @TRENDNewsAgency