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JICA experts to participate in assessment of construction of first gas steam device at Shimal

Oil&Gas Materials 17 March 2006 11:32 (UTC +04:00)

Experts of the Japanese International Cooperation Agency (JICA) will participate in development of a report on estimation of actual state of the project construction of the first gas steam deice at Shimal power station, Azerenerji joint-stock company told Trend.

According to the head of the production-technical department of Azerenerji, Tayyar Ibrahimov, in accordance with the general procedures, within a definite timeline of completion of project a creditor bank will continue study of expediency of the use of credits, which will assist in the formation of further financial policy in respect to a partner.

Credit for the construction of the first gas-steam device with the capacity of 400 MW at Shimal power station was granted by the Japanese Bank for International Cooperation (JBIC). The power stain will be put into exploitation late 2002.

In 2006 it is planned to build the second similar gas team device. Relevant credit agreements have been signed with the JBIC.

By the end of March a joint mission of JBIC and JICA will visit Azerbaijan to coordinate at Azereneji details of interaction in development of a report. The key task is to study an independent examination of production activities of power station, to reveal weak tracks to direct the funds in the new project purposefully and effectively, he underlined. The development of a final report will take 1-2 months.

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