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BP and its partners in the Shah Deniz project are reportedly facing a cost increase of as much...
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Wednesday, January 2, 8:49 AM ETBP and its partners in the Shah Deniz project are reportedly facing a cost increase of as much as $5B to develop the second phase of the Caspian Sea gas field off Azerbaijan. The partners already have approved spending of $6B on construction of platforms and infrastructure next year. Nevertheless, BP +1.5% premarket.
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