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EBRD to select consultant on Lukoil projects in Azerbaijan

Oil&Gas Materials 1 July 2009 13:43 (UTC +04:00)

Azerbaijan, Baku, July 1 / Trend , N. Ismayilova/  

The European Bank for Reconstruction and Development intends to engage a consultant to act as the Bank's Lenders' Supervisor on the Shah Deniz Gas and Condensate PSA and the South Caucasus Gas Pipeline projects in Azerbaijan and Georgia.

This will include providing an ongoing review and monitoring of Project development and compliance with commitments agreed in Loan Agreements for Lukoil Overseas Shah Deniz Ltd and Lukoil Overseas Shah Deniz Midstream Ltd.

The main objectives of the assignment shall be to provide the Bank with semi-annual updates of the models, receive, screen, review and summarise all the Project related documentation and in cases requested by EBRD and Participating Banks to provide an independent technical opinion, changes to development plans (including any cost overruns) and any other related technical matter.

Assignment duration is from September 2009 to September 2016.

Maximum budget available for the assignment is $1,000,000 exclusive of VAT.

Funding source is EBRD's own resources.There are no eligibility restrictions. The consultant will be a firm or consortium and shall have relevant experience in the following areas:

Minimum as 10 years experience in the oil and gas sector and specific experience as

-         international petroleum engineering firm with expertise both in upstream and in midstream project analysis;

-          

-         - extensive expertise working on major international oil and gas projects worldwide;
- extensive expertise in the Caspian region and in particular in Azerbaijan

Interested consultants are hereby invited to submit expressions of interest.

Interested consultants are hereby invited to submit expressions of interest.

EBRD contact is Tom Gale ([email protected])

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