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Р’Р  spent $339mln in work with Azeri companies during first half-year 2006

Oil&Gas Materials 22 July 2006 14:00 (UTC +04:00)

At the moment BP is working with 413 companies with Azeri capital, from which 54 are governmental entities, 32 JVs, 327 small and medium enterprises, Trend reports with reference to release of BP Azerbaijan.

During January-June, BP spent the following amounts for said companies: governmental entities - $32mln., JVs - $275mln, small and medium enterprises - $32mln. Expense forecast for 2006 is distributed as follows: governmental entities - $59mln., JVs - $500mln, small and medium enterprises - $77mln.

Expenses related to Azerbaijan-based foreign companies amounted $439mln. In general, it is suggested to spend $1.6bn.

Р'Р s investments in Azerbaijans social sphere amounted $557k (annual forecast $2.025mln), investments in welfare of people residing along BTC and SCP routes $1.304mln (annual forecast $4.55mln and so on.

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