Publication: Monitor Volume: 2 Issue: 211

Managers of the French oil company Elf-Aquitaine and the State Oil Company of Azerbaijan (SOCAR) conferred in Baku over the weekend, finalizing a contract to develop the Lenkoran-Deniz oil field on Azerbaijan’s Caspian shelf. The field’s estimated reserves are 50 to 60 million tons. The final production-sharing contract is due to be signed during Aliev’s upcoming official visit to France. Elf-Aquitaine is already active in Azerbaijan as part of the consortium that recently signed a contract to develop the Shah-Deniz oil and gas fields. (International Petroleum Agency, Turan, UPI, November 11)

The Monitor is a publication of the Jamestown Foundation. It is researched and written under the direction of senior analysts Jonas Bernstein, Vladimir Socor, Stephen Foye, and analysts Ilya Malyakin, Oleg Varfolomeyev and Ilias Bogatyrev. If you have any questions regarding the content of the Monitor, please contact the foundation. If you would like information on subscribing to the Monitor, or have any comments, suggestions or questions, please contact us by e-mail at pubs@jamestown.org, by fax at 301-562-8021, or by postal mail at The Jamestown Foundation, 4516 43rd Street NW, Washington DC 20016. Unauthorized reproduction or redistribution of the Monitor is strictly prohibited by law. Copyright (c) 1983-2002 The Jamestown Foundation Site Maintenance by Johnny Flash Productions