Elmir Allahverdiyev

• Managing bp’s interest in the Southern Gas Corridor – one of the largest energy projects in the world. Provide support and advice to bp reginal and central leadership teams on GVC business matters. • Manage GVC joint ventures and accountable for financial performance • Define GVC annual financial plan and manage the delivery. Manage development and implementation of commercial instruments to improve business value and liquidity. • Represent bp as a director in the boards of respective joint ventures. Maintain critical relationships with key stakeholders and keep engagement to achieve alignment • Manage the contractual framework and commercial operations activities - gas sales / transportation contracts, shareholder agreements, infrastructure sharing agreements and etc. • Provide support from the Region to bp corporate functions for relevant activities affecting GVC businesses – Mergers & Acquisitions, Project Financing, Risk and Regulatory compliance, Treasury • Manage team of Finance professionals and support their development. Promote digitalization of Finance and application of Agile tools to improve Finance processes.

• Manage Shah Deniz JV and maintain critical relationships with key stakeholders • Lead and manage commercial operations activities, including management of gas sales contracts and upstream agreements (e.g. PSAs, JOAs). • Develop and implement commercial options to improve business value / liquidity • Provide necessary commercial interface between different parts of SD Gas Value Chain. Develop and lead negotiations of commercial agreements • Support financing requirements along the value chain; lead or support projects which require close integration with other departments and integration across the gas value chain

• Commercial lead for negotiation of PSA extension and other related contracts for 7bn barrels oil field (Azeri Chirag Gunashli) • Stakeholder management • Commercial lead for multifunctional team stewarding technical group on business matters and leading / coordinating internal analysts work. Generation of strategic insights and ideas for business deals • Management of business development portfolio, leading commercial evaluation and responsible for framing a workable commercial structure, including contractual arrangements

• Leading implementation of ACG JV Annual Work Programme and Budget (AWP&B) process, organization of budget workshops, coordination of approval process, performance management and reporting • Managing commercial framework and implementation of contractual mechanisms, representing BP in meetings and negotiations • Agreements Management

• Commercial support to progress giant (30 TCF) Shah Deniz project (Stage 2) to Final Investment Decision • Agreements/ Negotiations: gas transportation and sales contracts, pipeline interconnection and tie-in agreements, other shareholder and joint venture agreements • Financial modelling - transportation deals, economic evaluations of upstream projects

• Evaluation of gas price offers, tariff evaluation for the Southern Corridor transit routes (Nabucco, ITGI, TAP and South-East Europe Pipeline), support to gas sales and transit negotiations; LNG assessment • Gas market analysis in support of gas supply contracts price reviews; European gas market assessment and gas supply & demand analysis;

• Construction of economic models, evaluation of multi-billion upstream investments and Mergers & Acquisitions using discounted cash flow method • Financial reporting: working capital, DD&A, cash flow and P&L • Performance management / Hydrocarbon accounting - lifting and stock movements; customs declaration, vetting of tankers