The Azerbaijan State News Agency

ECONOMY

Neal Phillips: ACE platform is insured by an international insurance company

Neal Phillips: ACE platform is insured by an international insurance company

Baku, October 7, AZERTAC

“Azeri-Central-East (ACE) platform is insured by an international insurance company”, said project general manager for the ACE project Neal Phillips at the presentation ceremony of the support blocks for the project.

“All the partners of the ACE project prefer to be insured against risks and we have received permission from the State Oil Company of Azerbaijan (SOCAR) for risk insurance in accordance with the international insurance strategy,” Phillips added.

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