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Energy News
July 7, 2010 / 9:16 AM

BP committed to Azerbaijan

BAKU, Azerbaijan, July 7 (UPI) -- British energy company BP is committed to exploring the vast natural resources available in Azerbaijan, state oil executives said.

Embattled BP chief Tony Hayward arrived in Azerbaijan this week to discuss operations in the energy-rich country.

Hayward during his visit met with the top executives at the State Oil Co. of Azerbaijan Republic. Rovnag Abdullayev, the head of the state-owned SOCAR, said Hayward expressed his commitment to work in his country, the Trend news agency reports.

Hayward, he said, "noted that the company remains committed" to energy projects in the country "and will do everything for their further development."

BP is active in the development of the giant Azeri-Chirag-Guneshli oil complex in the Caspian Sea and the Shah Deniz gas field. It also serves as the operator of the Baku-Tbilisi-Ceyhan oil pipeline, one of the longest in the world.

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  • Tony Hayward
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