Main Shah Deniz partners aim to participate in every project of pipeline transporting gas to Europe

The main partners of the Azerbaijani Shah Deniz field development, including BP, aim to be participants in every pipeline project transporting gas to Europe, BP Azerbaijan told Trend on Thursday.

"That includes the South Caucasus Pipeline, Tanap and TAP/ Nabucco West," the company said.
This week BP, SOCAR and TOTAL signed an agreement with the Trans Adriatic Pipeline (TAP) to provide funding in the short term.

"This will allow TAP to progress further until the final decision on the Shah Deniz export route is made in mid-2013," BP Azerbaijan said.

The Funding Agreement also includes an option for the Shah Deniz shareholders to take up to 50 percent equity in TAP.

In February, the Shah Deniz consortium made TAP a priority route for exporting Azerbaijani gas to Italy.\