BTC sponsors to discuss work done

On April 30, the group of Baku-Tbilisi-Ceyhan sponsors is expected to hold a discussion in Baku on the work done to this end. According to a BP source, the meeting comes prior to the May 15 announcement of engineering operations.

The group will listen to the report of the working group and discuss the future work schedule.

Another presentation of the MEP project is also expected to take place during the meeting. It is intended to attract the companies that have not yet joined the group: Chevron, TotalFinaElf and Alberta Energy.

Chevron has unequivocally stated its intention to take part in the MEP project, while the other two companies have just held preliminary talks with SOCAR.*