"BP has sent us a proposal for development of the deeper zones of ACG and now we are examining it," Energy Minister Natik Aliyev said.
He said the lower Upper }Kirmaki, Kirmaki and Kala suites are expected to be gas-condensate bearing by analogy with the shallow water sector of the Guneshli field, being developed by Azeri state oil company Socar.
"It is obvious we have commercial reserves in ACG's lower horizons and BP also believes it," he said.
However,