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    WSJ: BP Plans Major Pipeline Investment for Caspian Gas

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Summary

Al Cook, BP Vice President for Shah Deniz development has said that BP has completed negotiations in principle to join the TAP pipeline.

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Press Notes

WSJ: BP Plans Major Pipeline Investment for Caspian Gas

BP PLC is set to invest in two pipeline projects vying to carry Caspian natural gas to Europe, the clearest indication yet of how an ambitious plan to lessen Europe's dependence on Russian gas may play out.

The company aims to take a "substantial" stake in the Trans-Adriatic Pipeline and is negotiating for a stake in the Trans-Anatolian Pipeline, Al Cook, BP's Shah Deniz development vice president, said in an interview with the Wall Street Journal   MORE