Azerbaijan Says BP to Stay in Shah Deniz Gas Field

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BP Plc, which seeks to sell $10 billion in assets to pay for oil-spill damages in the U.S., will remain a partner in Azerbaijan’s largest natural-gas field at Shah Deniz, the country’s energy minister said.

“We are not looking at any means of changing BP as our main partner, or even finding other investors,” Natig Aliyev said in an interview in Batumi, Georgia, today. “The consortium is already formed, things are going well, and it is not discussed.”