Azeri find lifts Caspian hopes [Gas in Transition] Apr 27, 2021 11:33:am Summary Azerbaijan’s president has hailed the discovery as a potential boost for the Southern Gas Corridor, but more information is needed. [Gas in Transition, Volume 1, Issue 1] by: Joseph Murphy Azerbaijan reported finding more hydrocarbons in the Caspian Sea in late March, after BP and its Azeri state-owned partner SOCAR finished drilling a well to a depth of nearly 7,200 m. The discovery comes at an opportune moment for Azerbaijan, ahead of market tests due to take place this summer to determine whether or not to expand a pipeline that carries the country’s gas to south Europe.