The Azerbaijan State News Agency

ECONOMY

BP-AZERBAIJAN TO INVEST $6 BLN IN OIL PROJECTS

“Bp-Azerbaijan” Company will invest $ 6 bln in implementation of oil projects on exploration of “Azeri-Chirag-Gunashli”, “Shahdeniz’ and “ Araz-Alov-Sharg” fields within next five years.

These funds make up one third of investments to be invested in the oil sector of Azerbaijan; overall, BP is going to invest 18 bln dollars in this branch.

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