Azerbaijan, Baku, July 23 / Trend /
The Turkish TPAO divulged that a volume of investment in 2008 as part of Azerbaijani oil and gas projects amounted to roughly $309.2 million, the company said. TPAO's total investment in the Azerbaijani economy was around $3.2 billion in the period of the company's activity in the country.
TPAO invested roughly $236 million in the project of development of the block of the Azeri-Chirag-Guneshli (ACG) fields when financing it's a 6.8-percent share.
The company's investment in the project of the development of the Shah Deniz gas condensate field where the company possesses 9 percent of stakes made up around $72.2 million.
The Turkish company invested $115,300 in the Baku-Tbilisi-Ceyhan (BTC) oil pipeline project.
A summary table of TPAO's investments in different international projects in 2008:
|
Country |
Investment in 2008 |
Total investment |
|
Azerbaijan |
309.190.609 |
3.191.094.538 |
|
ACG |
235.978.029 |
2.224.714.508 |
|
Shah Deniz |
72.233.179 |
482.978.611 |
|
South Caucasus gas pipeline |
- |
108.979.872 |
|
Alov |
3.063 |
26.158.270 |
|
Kurdashi |
- |
17.302.390 |
|
BTC |
115.338 |
324.328.038 |
|
TPAO Baku Office |
431.000 |
4.104.023 |
|
TPBTC Baku Office |
376.000 |
632.074 |
|
TPOC Baku Office |
54.000 |
1.896.752 |
|
Kazakhstan |
96.835 |
287.786.079 |
|
Turkmenistan |
80.100 |
4.727.642 |
|
Libya |
13.421.987 |
54.609.006 |
|
Georgia |
26.621 |
628.750 |
|
Algeria |
- |
25.548.592 |
|
News projects |
2.500.000 |
2.605.450 |
|
Others |
180.295 |
336.266 |
|
Totally |
325.496.447 |
3.567.336.323 |