Bank Of Baku

Over $68B invested in Azerbaijan within PSAs

Over $68B invested in Azerbaijan within PSAs
# 20 September 2016 09:04 (UTC +04:00)

According to him, activities of 36 joined ventures established with the initiative of SOCAR, 6 alliances and daughter companies abroad cover almost all spheres of oil and gas industry: ‘Our foreign partners include BP, Total, Petronas, TPAO, Chevron, Statoil, LUKoil and other companies. In 1995-2016, $68.2 billion was invested in Azerbaijan’s oil and gas sector within PSAs’. 

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