Azerbaijan, Baku/ Trend corr. S. Aliyev / 80% of the total volume of investments of Turkey's TPAO in 2006 arose from different projects implemented in Azerbaijan, Trend reports quoting a report by the Turkish Company.
In general, in 2006, TPAO invested about $416 mln abroad and $292 mln was invested in different projects implemented domestically (in Turkey).
According to the expectations and forecast for 2007, the volume of investments for foreign projects is expected to reach $399 mln and $368 mln locally. Notably, in 2003, these indicators equaled $376 mln and $71 mln respectively, in 2004, $524 mln and $147 mln respectively and in 2006 $544 mln and $210 mln respectively.
Country | Investments Put in 2006 (in ths. USD) | Investments in Total (in ths. USD) |
412.588 | 2.507.434 | |
ACG Project - TPAO + SOCAR's share (stake) | 248,715 | 1.690.714 |
"Shah Deniz" Project | 80,640 | 336.710 |
"Alov" Project | 3,160 | 26.102 |
"BTC" Project | 51,841 | 324.151 |
"SCP" Project | 27,450 | 107.478 |
TPAO's Baku Office | 782 | 4.977 |
97 | 4.514 | |
- | 287.673 | |
- | 25.549 | |
TPAO's 's Office/Investments | 2.789 | 24.815 |
459 | 566 | |
Totally | 415.933 | 2.850.551 |