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TERMINAL EXPANSION IN SHAH-DANIZ SECTION TO COST $470M

Oil&Gas Materials 15 July 2005 16:41 (UTC +04:00)

The work on the expansion of the terminal in the Shah-Daniz section of Sangachal will cost $470m, Roland Badjer, the manager of the project, stated to a news-conference on July 15, Trend reports.

The $140m of the sum falls on the construction contracts. “The work under the project started in November 2003 and is complete by 53% that give a chance to outstrip the schedule by 6%.

The rig on gas refinery has been installed, and the work on the installation of tank condensate is underway,” Badjer noted.

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