“Oil workers have always served Azerbaijani people loyally. Thanks to their labor, our country has great economic potential. The solemn ceremony on extraction of 1 billionth ton of oil was held in 1971 with the participation of Heydar Aliyev. The oil strategy founded by Heydar Aliyev plays a significant role in economic development today. The Contract of the Century signed in 1994 gave a new breath and strength to us. It brought investments to our country and increased worldwide interests to Azerbaijan. As a result of this contract, infrastructure projects have been implemented in Azerbaijan.”

Axar.az informs that President of Azerbaijan Ilham Aliyev said at the solemn ceremony on production of 2 billionth ton of oil in Baku.

President Ilham Aliyev also mentioned importance of Shahdeniz contract, spoke about BTC, Baku-Tbilisi-Erzurum, Baku-Novorossiysk and Baku-Supsa projects.