Bank Of Baku

$12B spent for Shahdeniz 2 so far

$12B spent for Shahdeniz 2 so far
# 28 June 2016 16:29 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. Works on Shahdeniz 2 are being carried out successfully, head of Investments Department of the State Oil Company of Azerbaijan Republic Vagif Aliyev said at the meeting with heads of Non-Government Organizations (NGO).

 

According to him, as of April 30, 2016, 9 from 26 well have been drilled.  

 

Aliyev noted that total capital expenditures on Shahdeniz 2 in 2014-2020 make $24 billion and $12 billion has already been spent.

 

 

 

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