BP turns over rights to operate South Caucasus Pipeline to unit of Azeri SOCAR
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BAKU (Reuters) - BP has turned over rights to operate the South Caucasus Pipeline (SCP), part of the network that is due to start carrying gas from Azerbaijan to Europe this year, to a unit of Azeri state energy firm SOCAR, the groups said on Thursday.In line with an agreement initially signed in 2013, SOCAR Midstream Operations will take over as technical operator of all dedicated SCP facilities in Azerbaijan and Georgia, BP, SOCAR and the SCP said in a joint statement. "We remain committed to..