BP never applied for contract prolongation

BP never applied for contract prolongation BP and partners in Azeri-Chirag-Guneshli fields have never applied to SOCAR about prolongation of the contract after 2024. The statement came from SOCAR president Rovnag Abdullayev. He said what foreign press writes about the appeal and SOCAR’s refusal  is untrue. “The distribution of produced oil is carried by the principle of 80% to Azerbaijan and 20% to the contract participants. Distribution will be carried by the same... Read More