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Business Breakfast with the CEO of British Petroleum

Business Breakfast with the CEO of British Petroleum

Prime Minister of Georgia Giorgi Kvirikashvili and the executive director of British petroleum (BP) Bob Dudley discussed the investment projects implemented by the BP, successful partnership and the future perspectives.

The meeting was held within the frames of the visit of the Prime Minister of Georgia to the United Kingdom.

Importance of the South Caucasus Pipeline Expansion (SCPX) within the stage 2 of implementation of Shah Deniz Project was also emphasized.

The expansion of the pipeline aims at ensuring transportation of additional 16 billion cubic metres (bcm) of gas per year from Shah Deniz 2 mine to Europe.

Within the frames of the Project, investments worth of 2 billion USD are being conducted in Georgia. Upon the finalization of construction works, Georgia will receive additional amount of gas at a preferential rate.

“We had very fruitful meeting, where we discussed the 20 years of successful partnership between the BP and Georgia. We are investing billions of dollars in the pipeline.

We discussed the history and future cooperation. We can share our experience with anyone who intends to invest in Georgia. We are enthusiastic in this regard”, – CEO of BP Bob Dudley noted after the meeting.

Need for further expansion of economic relations and attraction of even larger British investments was highlighted.

Prime Minister’s Press Office