LUKOIL is currently not considering participating in the Umid-Babek project in Azerbaijan
By:
„Interfax”
“LUKOIL” will not participate in the “Umid-Babek” project in the Azerbaijani sector of the Caspian Sea so far. “LUKOIL” president Vagit Alekperov told this to the reporters on the sidelines of the “VTB Capital” forum – “Russia is Calling!”.
“So far, we are not looking at “Umid-Babek”, SOCAR has decided to develop it independently”, said Alekperov, according to “Interfax”.