ECONOMY


PRESIDENT ILHAM ALIYEV: COMMISSIONING OF SHAHDENIZ GAS FIELD TO BE THE HISTORICAL EVENT

At the opening ceremony of the Shaki modular electric station, President of Azerbaijan Ilham Aliyev said that Azerbaijan’s oil strategy initiated by great leader is fruitful. Baku-Tbilisi-Cehan oil pipeline became operational. There is a great oil production in the country, and, it will gradually increase.

“This year Shahdeniz filed is set to come on stream. It is a very big and great project. It will provide Azerbaijan with the national gas as we have big problems with gas, and, we still buy natural gas from abroad. Considering gas prices are going up, and Azerbaijan is still in need of foreign gas, then, increasing volumes and rising prices will affect us. Therefore, Shahdeniz field’s putting into operation is the event of historical importance as much as Baku-Tbilisi-Ceyhan project is,” said President Ilham Aliyev.

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