ECONOMY
SWISS COMPANY WON TENDER FOR THE NEXT CONSIGNMENT OF AZERBAIJANI OIL
Tenders for the purchase of Profit Oil of Azerbaijan are held twice a month.
Overall exports of oil produced by AIOC from the Chirag along the western pipeline route Baku-Spusa for the past nine months of this year total 4.662 mln tonnes (3.775 mln tonnes for the first 9 months of 2002) including 526 thousand tonnes for the month of September.
The contract for the development of Azeri, Chirag and the deep sea part of Guneshli was signed on 20 September 1994 and came into effect on 12 December that same year.
Partners of this project include the British company bp (34.1367%), Unocal (10.2814%), ExxonMobil (8.0006%), Devon Energy (5.6262%) and Amerada Hess (1.0413%), SOCAR (10%), Inрex Corр. (10%) и ITOCHU Oil (3.9205%) Statoil (8.5633%), Turkish TPAO (6.75%) and Delta Oil (1.68%).