Tweet
U.S. envoy: Shah Deniz oil field operations could've been sanctioned
May 24, 2013 - 16:11 AMT
PanARMENIAN.Net - Sanctions could have been imposed on the operation
of Shah Deniz field, the U.S. ambassador to Azerbaijan said, according
to APA.
At the conference titled Maritime and Energy Law in Azerbaijan:
International and National Perspectives, Richard Morningstar spoke
about the compromise reached during the operation of Shah Deniz field.
`Sanctions could have been imposed on Shah Deniz field in the Caspian
Sea, because Iran has a 10% share in Shah Deniz oil field and the
companies cooperating with Iran in the sectors of oil and gas might
expect to be sanctioned by the U.S. But what did the U.S. Congress
say? The Congress though it suitable to make a compromise. Otherwise,
the operation of Shah Deniz could have been frozen for 20 years. In
this case, international companies wouldn't be able to take a step
forward in the operation of this field. But let's view this issue from
another aspect. What if the gas would have gone to only Iran or
Russia?'
Richard Morningstar also touched on the importance of politics in the
relations and process management.
`Sometimes politics has very serious influence on the legislation.
Therefore, we have to clarify any issue that may cause dispute,' he
said.
May 24, 2013 - 16:11 AMT
PanARMENIAN.Net - Sanctions could have been imposed on the operation
of Shah Deniz field, the U.S. ambassador to Azerbaijan said, according
to APA.
At the conference titled Maritime and Energy Law in Azerbaijan:
International and National Perspectives, Richard Morningstar spoke
about the compromise reached during the operation of Shah Deniz field.
`Sanctions could have been imposed on Shah Deniz field in the Caspian
Sea, because Iran has a 10% share in Shah Deniz oil field and the
companies cooperating with Iran in the sectors of oil and gas might
expect to be sanctioned by the U.S. But what did the U.S. Congress
say? The Congress though it suitable to make a compromise. Otherwise,
the operation of Shah Deniz could have been frozen for 20 years. In
this case, international companies wouldn't be able to take a step
forward in the operation of this field. But let's view this issue from
another aspect. What if the gas would have gone to only Iran or
Russia?'
Richard Morningstar also touched on the importance of politics in the
relations and process management.
`Sometimes politics has very serious influence on the legislation.
Therefore, we have to clarify any issue that may cause dispute,' he
said.