Azeri Leader Sees Oil Output Recovering as BP Acts to Stem Slump
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BP Plc, the U.K. oil producer leading Azerbaijan’s biggest energy projects, will stem a drop in output in the country after responding “responsibly” to criticism from Azeri President Ilham Aliyev, the leader said.
“I am very glad that BP, which is our main partner, responded to my views and criticisms very responsibly,” Aliyev said in comments published today in the state-run daily newspaper Azarbaycan. “The BP president spoke to me about his company’s plans for the coming years. I am glad that the stabilization of oil output is the priority.”