Pasha Sighorta provides insurance for ACG and Shah Deniz projects

Pasha Sighorta provides insurance for ACG and Shah Deniz projects
# 06 November 2008 14:22 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan’s Pasha Sighorta Insurance Company has secured a contract for BP-Azerbaijan to insure strategic energy projects like Azeri-Chirag-Guneshli, Shah Deniz and operational risks of Baku-Tbilisi-Ceyhan Oil Pipeline.
As a national insurance partner, Pasha Sighorta is completing certification of insurance for operation, liability and terrorism risks of the projects for 2008-2009, said the company.
Pasha Sighorta, owned by Pasha Holding, has been in operation since 2006.
The company earned AZN 6.56 million in premiums and paid AZN 4.98 million for insurance claims during January-September
The company provides 4 compulsory and 25 voluntary types of insurance services. As at October 1, its share capital stood at AZN 9 million.
#
#

THE OPERATION IS BEING PERFORMED