Loan: BP Exploration (Caspian Sea), 10.2010
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The BP Azerbaijan SPU is the BP organisational unit, which operates in Azerbaijan, Georgia and Turkey. In Azerbaijan, BP operates under a number of production sharing agreements (PSAs) and host government agreements (HGAs) signed with the government of Azerbaijan. In Georgia and Turkey it operates under HGAs that cover export pipelines and terminals. Offshore production assets (1) Azeri-Chirag-Deepwater Gunashli (ACG) is the largest oil field in the Azerbaijan sector of the Caspian Sea. (2) Shah Deniz (SD) is a large offshore gas and condensate field. |
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