Companies like BP and SOCAR, as well as the government of Azerbaijan, are all working together to address the problems which appear in terms of up and downs of global oil prices, Hendry, who worked in Azerbaijan in 2012-2015, said.
BP is the largest foreign oil and gas operator in Azerbaijan, which produces oil and gas at the Azeri-Chirag-Guneshli and Shah Deniz fields and exports them via several oil and gas pipelines.
The State Oil Company of Azerbaijan Republic (SOCAR) is a wholly state-owned national oil company headquartered in Baku, Azerbaijan. It is one of the largest fossil fuel corporations in the world. The company produces oil and natural gas from onshore and offshore fields in the Azerbaijani section of the Caspian Sea.
Relations between Azerbaijan and the UK remain very strong, Hendry said.
Everyone adjusted to international circumstances in terms of global oil prices getting low, but the UK sees that BP is actively involved to address these issues, he added.
Former UK trade envoy talks Baku-London relations
02 June 2016
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Azerbaijani-UK relations are very constructive, realistic and pragmatic, Charles Hendry, former UK prime ministerial trade envoy to Azerbaijan, Kazakhstan and Turkmenistan, said in an exclusive interview with Trend, while in Baku.
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