Posted on 07/04/2016 11:54:13 AM PDT by bananaman22
ExxonMobil and British Petroleum have been facing off over the terms of the renewal of the “contract of the century” in Azerbaijan, according to sources that spoke to Reuters.
BP currently operates the Azeri-Chigar-Guneshi fields in the middle of the Caspian Sea—a region that contributes a tenth of the firm’s global output.
The British company has reportedly agreed with the Azeri government on the terms of a 30-year contract, but in an effort to expand its presence in the ACG region, Exxon has been pushing for a piece of the $100 billion pie.
(Excerpt) Read more at oilprice.com ...
Donate a hundred million dollars to the Clinton Foundation and Billy will go pull some strings. Of course it was easier when Hillary was SoS and could put the squeeze on whomever to get the job done.
Are the Saudis licking their chops yet?
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