Renewal of ACG contact reinforces Azerbaijan-UK co-op in energy field
The renewal of the contract on Azerbaijan’s Azeri-Chirag-Gunashli (ACG) block of oil fields reinforces for decades to come the special cooperation between the UK and Azerbaijan in the energy field, said the special message from the UK Prime Minister Theresa May.
“I would like to offer my warmest congratulations on the renewal of the Azeri-Chirag-Gunashli oil field contract between the BP-led consortium and SOCAR,” said the message from May.
She pointed out that the UK and BP in particular, have played a significant role in the long-term development of Azerbaijan’s economy.
Theresa May added that the completion of the Baku-Tbilisi-Ceyhan (BTC) pipeline in 2006 was another significant landmark that allowed Azerbaijan to securely transport oil to world markets.