Moreover, the Shah Deniz Stage 2 will be the cornerstone of the Southern Gas Corridor linking Caspian resources directly with the European gas market for the first time.In terms of timeline, we are targeting to deliver first gas to Turkey in 2018 and expect to get this new source of Caspian gas to Europe by 2020.Speaking about fall in oil prices worldwide BP executive said, '2016 continues to be a year in which the business environment remains challenging.
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'BP’s future gas plans for the Caspian are currently focused on developing the next tranche of gas from Shah Deniz Stage 2.
It is a huge project, which will deploy subsea production technology in the Caspian and will use advanced drilling solutions to produce wells at some of the world’s highest rates.
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