TODAY.AZ / Politics

President Aliyev: Projects implemented by Azerbaijan gain international significance

02 May 2017 [17:36] - TODAY.AZ

By Azernews


By Amina Nazarli

President Ilham Aliyev attended the opening of a campus of SOCAR's Baku Higher Oil School in Bibiheybat in Sabayil district on May 2.

Today is a very significant day in the life of our country, said President Aliyev. “We celebrate the opening of the Baku Higher Oil School. It meets the highest standards.”

he construction of the campus which started in April 2012 covers a total area of seven hectares and is aimed to meet demand for English-speaking specialists trained on the basis of modern training programs and educational technologies, who will further expand the activities of SOCAR abroad, as well as other industrial sectors of the country.

“The Baku Higher Oil School has been operating for six years. Its work is very successful. During these years the school was able to occupy a worthy place in the educational space of Azerbaijan. Today the school moves to a new town, a new building,” he said.

The Baku Higher Oil School could create an educational infrastructure that meets modern requirements. A highly qualified faculty was involved in the teaching process and a rich library and information fund was created to support the learning process.

President Aliyev noted that the creation of this school and its relocation to such a beautiful town, once again show that Azerbaijan is investing "black gold" in human capital.

“Oil is not our goal, but a means. Due to oil, we must strengthen, develop our country, and invest oil revenues in human capital,” he said.

Oil sector plays and will play a very important role in the life of our country, stressed the President, adding that the projects implemented on Azerbaijan’s initiative have already gained international significance.

“The ‘Contract of the Century’ has been realized for over 20 years. We could make achievements thanks to the 'Contract of the Century'. Today the contract of the 21st century - the ‘Southern Gas Corridor’ project is being successfully implemented, and Azerbaijan plays a leading role in the realization of this mega project,” he emphasized.

The 'Contract of the Century’ continues benefiting the country, President Aliyev underlined.

“Currently, negotiations between Azerbaijan's energy major SOCAR and partners to extend the term of the contract are underway, and I positively look at it. Of course, all our conditions must be fulfilled to extend the term of the contract,” he said.

The head of state went on to say that Shah Deniz 2 is one of the largest gas projects in the world today.

“For several years the gas from the Shah Deniz field has been supplied to the markets of the world and the region. And today we are very close to the implementation of the Southern Gas Corridor. This project will connect Azerbaijan with the main external and European markets for the country. After this, Azerbaijan will ensure its economic interests for decades from the implementation of the Southern Gas Corridor,” he said.

Speaking about SOCAR’s activity, the head of state stressed that the company raises large investments both in projects implemented in the country together with foreign partners, and abroad.

“Plants of polymers and nitrogen fertilizers, oil refineries, modernization of enterprises in Azerbaijan and other projects have already turned SOCAR into a world-wide energy company. Oil and gas will continue to serve the development of our country, and the non-oil sector will diversify the country's economy,” said the President.

URL: http://www.today.az/news/politics/160747.html

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