Reuters: Azeri gas project investment decision to be made on Tuesday
A final investment decision on a project to supply European buyers with gas from Azerbaijan's Shah Deniz II field will be signed in Baku on Tuesday, the UK ambassador to Azerbaijan said.
"The documents to be signed in Baku on December 17 include a final investment decision on the $25-billion Shah Deniz natural gas development and the Trans-Anatolian (TANAP) and Trans-Adriatic (TAP) gas pipeline projects," Irfan Siddiq said in a statement.
The investment decision is crucial for the future of the project, seen as one of the alternative routes to supply gas to Europe, which is trying to lessen its dependence on energy supplies from Russia.