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ADB replaces officer for Azerbaijani gas project

Economy Materials 27 March 2017 15:35 (UTC +04:00)
The Asian Development Bank (ADB) has replaced the officer for Azerbaijan’s Shah Deniz Stage II Investment Plan Project Preparatory Technical Assistance.
ADB replaces officer for Azerbaijani gas project

Baku, Azerbaijan, March 27

By Leman Zeynalova – Trend:

The Asian Development Bank (ADB) has replaced the officer for Azerbaijan’s Shah Deniz Stage II Investment Plan Project Preparatory Technical Assistance.

Roland Pladet has replaced Megan Wolf on this post.

Earlier, Pladet replaced Wolf on the post of project officer for Azerbaijan’s Shah Deniz Gas Field Expansion project.

In June 2016, the Asian Development Bank allocated a grant worth $1 million as part of the Project Preparatory Technical Assistance (PPTA) within the second stage of development of the largest Azerbaijani Shah Deniz field.

Agreement on the PPTA was signed June 6, 2016, and came into force on the same day.

The PPTA will undertake the necessary due diligence for preparing the Shah Deniz Stage II Investment Plan and tranche 1, and will assist in the pre-implementation work.

ADB’s Shah Deniz Stage II Investment Plan is $1.505 billion.

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Follow the author on Twitter: @Lyaman_Zeyn

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