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TAP Pipeline Will Land €1.5B If Picked As Supply Route

By Liz Hoffman (August 9, 2012, 1:35 PM EDT) -- BP PLC, Statoil ASA, Total SA and Azerbaijan's national oil company, SOCAR, will fully fund the €1.5 billion ($1.84 billion) Trans-Adriatic Pipeline if they decide early next year that it is the best way to ship gas from their Caspian Sea field to Europe, the group said Thursday....

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