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SOCAR to prepare environmental document for Conoco Phillips

Oil&Gas Materials 29 June 2012 18:20 (UTC +04:00)

Azerbaijan, Baku, June 29 / Trend E.Ismayilov /

Environmental Department of the State Oil Company of Azerbaijan (SOCAR) will prepare a report on the environmental impact assessment in the framework of two-dimensional seismic survey on the basis of an agreement on joint study by SOCAR and Conoco Phillips Exploration Azerbaijan Ltd. on Azerbaijani onshore, the department said on Friday.

According to the statement, conduct of two-dimensional study is part of an agreement on the joint study signed between the parties. In accordance with the laws, preparation of EIA is needed for the two-dimensional studies.

The department has won the tender for the preparation of the EIA announced by ConocoPhillips. In the near future, Environmental Department will start work on preparing the document. The contract area is approximately eight square kilometers and covers regions such as Gakh, Sheki, Oguz, Gabala, Ismayilli, Shamakhi, Mereze, Kurdemir, Agsu, Goychay, Yevlakh and Mingechevir (north-western parts of the country).

In July last year SOCAR and ConocoPhilips signed "Agreement on conduct of joint research as part of preparatory exploration work on Azerbaijani onshore."

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