ВР Utilizes $1.093bln in Azerbaijan in January to October

Oil&Gas Materials 15 November 2007 19:33 (UTC +04:00)

Azerbaijan, Baku / Trend / BP Azerbaijan utilized a total of $1.093bln in the first 3 quarters of 2007.

The companies with Azerbaijani capital utilized $459mln. Some $31mln was used during the work with the state enterprises, $348mln with JVs, $80mln with small-scale and middle scale enterprises. Azerbaijan-based foreign companies used $634mln.

As a result of the first 3 quarters, the number of the companies with Azerbaijani capital working with BP amounted to 465, with 48 of them being state companies, 24 JVs, 393 small-scale and middle-scale enterprises.

The number of Azerbaijani citizens directly cooperating with BP constituted 1,964. The number of citizens engaged in construction comprised 3,500.