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

Oil prices continue sharp decline

Global oil prices drop sharply

Oil prices continue to decline globally

Oil prices plunge on global markets

ADY and Iranian officials inspect Astara terminal - Photo

Oil prices rise amid Middle East conflict

Oil prices continue to decline on global markets

Oil prices fall again on global markets

Oil prices jump after Middle East clashes

Oil prices continue to fall on global markets

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