TODAY.AZ / Business

BP invests $33 billion in Azerbaijan’s energy projects

02 November 2011 [16:46] - TODAY.AZ
To date, $33 billion has been invested within the framework of the projects at Shah Deniz and Azeri Chirag-Guneshli, as well as those at Baku-Tbilisi-Ceyhan and the South Caucasus gas pipeline, BP Chief Financial Officer Ian Sutherland said at a conference ' Place and Role of the State Oil Fund in Azerbaijan's national oil strategy 'in Baku on Wednesday.

He said 1.8 billion barrels of oil had been extracted from the ACG fields since the project launch and gas production since the beginning of the Shah Deniz project is 26 billion cubic metres to date.


/Trend/
URL: http://www.today.az/news/business/97579.html

Print version

Views: 1516

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: