BP Moves to Unlock a Potential Gas Bonanza in Eurasia ...Middle East

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BP Moves to Unlock a Potential Gas Bonanza in Eurasia
source : OILPRICE ( Middle East ) () 25
A flurry of recent deals and announcements suggest significant new reserves of natural gas are contained in the Ustyurt Plateau, which spans western sections of Kazakhstan and Uzbekistan. The prospect of a major Ustyurt find is, in turn, helping to fuel interest in building a trans-Caspian gas corridor. The UK energy giant BP is shaping up as the pivotal player in the development of Ustyurt’s potential energy riches. On April 2, a company subsidiary signed an exploration deal with the Kazakh state-run entity KazMunayGaz covering a “promising…

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