Azerbaijani president meets British oil boss ...News

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Azerbaijani president meets British oil boss
With the conflict over Nagorno-Karabakh seemingly concluded, business has resumed in Baku Azerbaijani President Ilham Aliyev has met with BP Chairman Helge Lund to discuss future oil and gas projects in the Caucasian nation. Although Western powers condemned Baku’s recent assault on Nagorno-Karabakh, they are increasingly dependent on Azerbaijan for energy. Aliyev and Lund met in Baku on Wednesday to mark the anniversary of the so-called ‘Contract of the Century’, a 1994 agreement that opened Azerbaijan’s Caspian oil fields up to a consortium of foreign extractors, including BP. BP’s “interest in future oil and ga

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