Block, covering Buzovna-Mashtagha, Gala, and Zira oil fields, will be restored and developed in Azerbaijan, it has been reflected in the draft law "On allowance for acceptance and approval, implementation of Risk Service Treaty between State Oil Company of the Republic of Azerbaijan (SOCAR) and GL İnternational LTD on restoration and development of the block, covering Buzovna-Mashtagha, Gala, and Zira oil fields in the Republic of Azerbaijan", received by Azerbaijani Parliament, APA reports.
According to the draft law, provision and obligations of the government of the Republic of Azerbaijan authorized to the Contractor participating in the Treaty by the Cabinet of Ministers will be adopted and their implementation will be allowed.
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