Bank Of Baku

$45 bln planned to allocate for delivery of Azerbaijani gas to Europe

$45 bln planned to allocate for delivery of Azerbaijani gas to Europe
# 06 June 2012 09:30 (UTC +04:00)
According to him, $25 bln is expected to invest in the works conducted from Azerbaijan to Georgian borders within Shah Deniz II. For delivery of gas from Turkey to Europe, it will need additional $15-20 bln.

Javanshir noted that, annual extraction of gas within Shah Deniz II would make 16 bcm. He also noted that, sanction also would be given to Shah Deniz II.

Oil extraction within Azeri-Chirag-Guneshli project was reached 2 bln barrels on May 28.

He also noted that, near 1,800 tankers were departed from Ceyhan port.
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