UP

ADB to allocate 450 mln USD

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
ADB to allocate 450 mln USD

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).

Date
2016.03.29 / 17:47
Author
Axar.az
See also

Azeri Light surges 6% as Brent declines

Azerbaijan resumes pineapple imports from Vietnam

Oil prices rise again on global markets

Turkiye condemns drone attacks on Saudi Arabia from Iraq

Azeri Light crude climbs to $120.02

Azeri Light crude rises to $113.32

Azerbaijan’s strategic reserves hit $90.77 billion

Oil prices continue to rise

Azeri Light climbs above $107

CBA's foreign exchange reserves reach historic high

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla