BRIEF-BP Signs Bab Gas Cap Concession Agreement

BP PLC Sponsored ADR

BP PLC Sponsored ADR

BP

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June 25 (Reuters) - BP PLC BP.L:

  • SIGNS BAB GAS CAP CONCESSION AGREEMENT

  • HOLDS A 10% INTEREST IN BAB GAS CAP CONCESSION, WHICH IS EXPECTED TO PRODUCE UP TO 1.5 BILLION CUBIC FEET PER DAY OF GAS

  • TOGETHER WITH ADNOC AND PARTNERS, SIGNED CONCESSION AGREEMENT TO DEVELOP BAB GAS CAP PROJECT IN ABU DHABI


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