BP to Consider New Pipeline to Transit Caspian Natural Gas to EU
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A BP Plc-led group may consider a another pipeline project to transit natural gas from the Shah Deniz deposit in the Azeri sector of the Caspian Sea, potentially rivaling the European Union-backed Nabucco proposal.
The new route will connect Turkey to southeast Europe, Tamam Bayatli, a spokeswoman for BP in the Azeri capital, Baku, said by phone today.