UP

Azerbaijani companies to spend $820M to SCPX

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

The total cost of the Southern Caucasus Pipeline Expansion (SCPX) project makes $4.9 billion, ead of Investments Department of the State Oil Company of Azerbaijan Republic Vagif Aliyev said.


According to him, Azerbaijani companies’ expenditures are expected to be $820 million.


He added that after expansion, the capacity will increase from 16 bcm to 23.4 bcm: “So, gas transportation will be doubled. Length of the new pipeline will be 424 km in Azerbaijan, 61 km in eorgia and 2 km in the connection with TANAP”.


Aliyev said 57.4% works have been completed.

Date
2016.06.29 / 19:36
Author
Axar.az
See also

US Federal Reserve cuts discount rate to 4–4.25%

Global oil prices continue to rise

Azerbaijan resumes crude oil exports to India

Oil prices keep climbing on world markets

Global oil prices rise again

Global oil prices decline

Oil prices continue to climb in global markets

Oil prices keep rising in global markets

Gold nears $3,700 in global markets

Oil prices keep climbing in global markets

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