BP-led Azeri oil project to cut output by 80,000 bpd to meet OPEC+ deal - sources
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MOSCOW/LONDON (Reuters) - Azerbaijan's BP-led Azeri-Chirag-Guneshli (ACG) project will have to cut output sharply from May for the first time ever as the country moves to meet its commitment under a global deal to cut production, three sources told Reuters on Thursday.Oil majors operating large production sharing deals in the ex-Soviet states of Azerbaijan and Kazakhstan have been previously been excluded from any government-imposed production decisions because such foreign investment is..