BP completed undersea pipelines

McDermott Caspian Contractors installed three 90-kilometer pipelines for the site, the BP-led Azerbaijan International Operating Co. said Friday in an e-mailed statement. The AIOC expects to install a drilling platform soon at Shah Deniz, where the 2006 capital expenditure budget is $865 million.

According to Bloomberg, BP plans to ship gas from the field through the 690-kilometer South Caucasus Pipeline, which will run from Azerbaijan through Georgia to the Turkish border along a similar route to the Baku-Tbilisi-Ceyhan oil export pipeline.

/The Moscow Times/