25 February 2018

ADB to allocate 450 mln USD

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

The Asian Development Bank (ADB) may provide a loan of 450 million USD to Azerbaijan in the near future for the project to increase gas production from "Shah Deniz" field in the Caspian Sea.

According to the information received by Baku office of ADB ADB's Private Sector Operations Department official Aniruddha Patil is responsible for the project.

Drilling of 26 underwater wells construction of two offshore platforms, gas and condensate underwater pipelines, expansion of the Sangachal terminal, installation of 2 units of compressor having daily capacity of 900 million cubic feet of gas, and their connection to the Southern Gas Corridor (SGC).

2016.03.29 / 17:47
See also

Eurozone annual inflation down to 1.3 pct in Jan.

Bill Gates: Billionaires should pay more taxes

Bitcoin's price continues growing after reaching $11,500

Latvia detains central bank chief

Buffet's right-hand man pours scorn on Bitcoin

Bitcoin exchange rate surpasses $10,000

U.K. PM's trade envoy due in Azerbaijan

We are aware of tax avoidance cases by foreign companies

Cryptocurrency goes big in Japan

Wall Street sees worst week in two years

Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla