Azeri leader says BP made 'false promises'
LONDON Oct 11 (Reuters) - Azeri President Ilham Aliyev said oil major BP had made "false promises" about the amount of oil it would produce from its huge fields and the country's revenues were now short of $8 billion because of lower-than-expected output.
He said BP had promised to sack people responsible for the shortfall in production but had not done it yet.
"It is absolutely unacceptable... Investors who cannot stick to their obligations and contract terms must learn lessons. Serious measures must and will be taken," Aliyev told the government on Wednesday, according to a text posted on his website.
- Study of smoking cancer patients fuels e-cigarette debate
- Exclusive: Iran seeks give and take on Islamic State militants, nuclear program
- Islamic State closes in on Syrian town, refugees flood into Turkey |
- Alibaba IPO ranks as world's biggest after additional shares sold
- Accused White House intruder is decorated Iraq war veteran