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USAID PROJECT ON ASSISTANCE TO ENERGY SECTOR OF AZERBAIJAN TO COMPLETE IN 2007

Oil&Gas Materials 23 August 2005 14:25 (UTC +04:00)

A two-year contact with PA Consulting Group under the project of the US International Agency for International Development (USAID) on delivery of assistance to the energy sector of Azerbaijan has been prolonged for 2 years, Trend reports quoting McNeill Watkins, the head of the project working group. The contract will complete late September 2007.

A project on assistance to Azerbaijani energy sector is divided into 5 parts: reforms in jurisdiction and base of regulation, restructuring and privatization of Azerenerji and Azeriqaz; companies, the development of projects for Azerenerji and Azeriqaz and attraction of investments, establishment of liberalized market structures, energy efficiency and rehabilitation energy sources.

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