Baku, Azerbaijan, Nov. 7
By Emil Ismayilov - Trend: Within the project for the creation of the Waste Recycling and Management Center by the Azerbaijani State Oil Company (SOCAR) and BP, international experience, optimal technologies and their subsequent installation is being studied, a source at SOCAR told Trend on Nov.7.
According to the source, the new center will allow assurance of the arrangement of processing, storage and other operations with wastes that emerge in the process of production activity in the oil and gas industry.
In 2011, U.S. company MI-LLC worked out and submitted a feasibility study on the construction of the Waste Recycling and Management Center to SOCAR.
The creation of the new center is planned on the basis of the old one with an area of 35 hectares that is located in Baku's Gadadagh district.
Earlier, SOCAR's Vice-President for Environmental Issues Rafiq Huseynzadeh said that the center will be constructed mainly for processing oil and drilling mud and stratal water. The project's cost is estimated at $60 million. Financing will be ensured by SOCAR and BP in the ratio of 50 to 50 percent.
It is expected that the center will be commissioned in 2014.