Azerbaijan extends Shah Deniz PSA

Extended: Sha Deniz II PSA gets pushed back to 2036

Azerbaijan has given BP another five years on the production sharing agreement for the massive Shah Deniz gas project after the UK supermajor pushed back the start date for the second phase.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?