Azerbaijan, Baku, Dec.28 / Trend /
In 2009, total investments of the Turkish company TPAO within the Azerbaijani oil and gas projects amounted to more than $246.45 million, the company said.
TPAO's total investment in the Azerbaijani economy was around $3.9 billion in the period of the company's activity in the country.
TPAO invested roughly $176 million in the project of development of the block of the Azeri-Chirag-Guneshli (ACG) fields in 2009 compared to about $236 million in 2008 when financing it's a 6.75-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 amounted to $69.46 million in 2009 compared to roughly $72.2 million in 2008.
A summary table of TPAO's investments in different international projects in 2009:
|
Country |
Investment in 2009 |
Total investment |
|
Azerbaijan |
246.452 |
3.921.435 |
|
ACG |
175,968 |
2,884,572 |
|
Shah Deniz |
69.462 |
552.440 |
|
South Caucasus gas pipeline |
10 |
108.990 |
|
Alov |
- |
26.159 |
|
Kurdashi |
- |
17.302 |
|
BTC |
9 |
324.336 |
|
TPAO Baku Office |
1.003 |
7,636 |