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BP Spends $1.5bln in Azerbaijan in 2007

Oil&Gas Materials 30 April 2008 20:15 (UTC +04:00)

Azerbaijan, Baku, 30 April / Trend corr S. Aliyev/ The funds spent by ВР in Azerbaijan in 2007 totalled $1.495bln.

$604mln was spent with the companies with Azerbaijani capital, $43mln with state enterprises, $450mln with joint ventures, $111mln with small-scale and middle-scale enterprises, $891mln with Azerbaijan-based foreign companies.

In 2007, the number of BP's partner companies with Azerbaijani capital amounted to 497, state companies - 52, joint ventures - 27, small scale and middle scale enterprises - 393.

The number of Azerbaijani citizens working directly at BP is 1,857. The number of Azerbaijani citizens engaged in construction made up 2,700.

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