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US extends BP licence to work with Iranian, Russian partners in Azeri gas field, Bloomberg News reports

Wed, 06th May 2026 18:43

May 6 (Reuters) - ​The ⁠United ​States extended ​a ‌licence for ⁠BP to ⁠use a ​workaround to handle payments ​involving sanctioned ‌Iranian and ​Russian partners ‌in a major gas ‌project in Azerbaijan, Bloomberg News ​reported on ‌Wednesday.

Reuters could not immediately ⁠verify ⁠the ‌report. (Reporting by ​Hyunsu Yim ​in ‌Barcelona; Editing by Alison Williams)

Corporate News Commodities Oil & Gas BP

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