ECONOMY
CONSTRUCTION OF UNDER WATER PIPELINE TO FINISH ON SEPTEMBER 2006
Construction of 275 kilometers long under water pipeline of 122 meters in depth will constitute the first stage of the project on production and transportation from Shahdeniz” oilfield. The cost of contractor’s work is $ 90 million. The project implies laying 92 kilometers long 26 inches gas pipeline. The pipe-lay ship “Israfil Guseynov» and diving boat “Tofig Ismayilov” of the Caspian Shipping Company are involved in construction works.
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