Bank Of Baku

Contract on exploitation of deep gas fields in ACG to be signed this year

Contract on exploitation of deep gas fields in ACG to be signed this year
# 10 April 2012 08:44 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. The contract on exploitation of deep gas fields in Azeri-Chirag-Guneshli to be signed as at the end of 2012, said the President of State Oil Company Rovnag Abdullayev.

According to him, the project of contract is being developed: “The participants will be of ACG”.

Note that, ACG participants are: BP-Azerbaijan (34.1%), Chevron (10.2%), SOCAR (10%), Inpex (10%), StatoilHydro (8.6%), ExxonMobil (8%), TPAO (6.8%), Devon (5.6%), Itochu (3.9%) and Hess (2.7%).
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