Bank Of Baku

New oil-chemistry complex in Azerbaijan to spend $13-15 bln

New oil-chemistry complex in Azerbaijan to spend $13-15 bln
# 11 November 2011 14:15 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. New oil-chemistry complex to be constructed in Garadagh District will spend $13-15 bln, said the SOCAR President Rovnag Abdullayev.

According to him, the feasibility study has been developed. The complex is expected ton spend $13-15 bln, but real expenses may be 30% upper/lower than it.

Construction can last 5-7 years.
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