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The Shah Deniz II consortium of companies - including BP, STO and TOT - leading the development...

The Shah Deniz II consortium of companies - including BP, STO and TOT - leading the development of a giant natural gas field in Azerbaijan agrees to fund development of Nabucco West, one of two pipeline projects competing to carry the gas to Europe. The parties also agree that Shah Deniz would get a 50% stake in Nabucco if the project is selected to carry the gas to Europe.
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