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Azerbaijan establishes privileged conditions for Bos Shelf - Heydar Babayev

Oil&Gas Materials 31 March 2006 18:22 (UTC +04:00)

The Azerbaijani Ministry of Economic Development has drawn up documents on establishment of privileged conditions for Bos Shelf to choose Baku as location for execution of contract work in other regions, Trend reports quoting Heydar Babayev, the Minister of Economic Development.

According to Babayev, at present the matter is tax privileges. Application of privileges and placement of the Company in Azerbaijan will allow preserve jobs at the site of the H.Aliyev Deepwater Foundation Plant, where Bos Shelf works. The Company is involved in construction of foot blocks within the Azeri-Chirag-Guneshli project. Thus, the Azerbaijani citizens working for the company will be able to preserve their jobs and continue work after the completion of construction at the order by Р'Р .

Bos Shelf freed the ship-way of the plant to carry out work at the order by Kazakh contractors. It is supposed that the Company will carry out work on the ship-way within development of the big Kazakh field Kashagan. The Company has high skilled personnel from local citizens, who participate in the project of BP. Besides, it has necessary infrastructure for implementation of different projects and work experience in the region.

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