TURKISH TPAO ACTIVE IN OIL CONTRACTS
The “Turk Petrollari A.O” national company (TPAO) has invested 1,9 billion dollars so far in the projects implemented in the oil industry of Azerbaijan. Late in 2005, this figure will reach 2 billion.
In full-fledge development of the Azeri-Chirag-Guneshli deposits, TPAO’s share is 6,8 percent, while in the Baku-Tbilisi-Ceyhan project – 6,53 percent, the Company said. The Company also takes part in the South Caucasus Pipeline, Kurdashi, Alov and other projects as well.
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