The final investment decision for the "Shah Deniz Compression" project is expected to be made in June of this year, Tamam Bayatli, the head of the press service of BP-Azerbaijan told journalists, APA-Economics reports.
According to her, the Environmental and Social Impact Assessment (ESIA) document for the project has been presented, and at this stage, its approval by the government is expected.
"We have made the presentation of the document, and now we are waiting for the government to approve it. The government’s approval means that the project will enter the implementation phase. However, before the implementation phase, the final investment decision must be made. The final investment decision is expected to be made in the summer, at the latest by the end of the second quarter of this year. From what I have heard, it is planned for June," said Tamam Bayatli.
She added that once the final investment decision is made, the tender announcements and the selection of contractors will begin.
"Currently, all the focus at Shah Deniz is on the Shah Deniz Compression project," Tamam Bayatli emphasized.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
