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Shah Deniz stage II offshore project in Azerbaijan secures $1bn financing

2015-08-10 01:00:00| Offshore Technology

Offshore natural gas field project in Azerbaijan, Shah Deniz stage II will receive a financing package of $1bn from the Asian Development Bank (ADB) and the European Bank for Reconstruction and Development (EBRD), and the Black Sea Trade and Developm

Tags: project stage financing azerbaijan

 

Lukoil to receive $500m from EBRD to develop Shah Deniz project in Azerbaijan

2015-08-05 01:00:00| Offshore Technology

Russian oil firm Lukoil is to receive a grant of $500m from the European Bank for Reconstruction and Development (EBRD) for the development of offshore gas exploration and production project Shah Deniz in Azerbaijan part of the Caspian Sea.

Tags: receive project develop azerbaijan

 
 

Azerbaijan to invest $1.2bn for upgrading two of its oil refineries

2015-06-08 01:00:00| Hydrocarbons Technology

State Oil Company of Azerbaijan (SOCAR) intends to invest $1.2bn for reconstruction and upgrade of its oil refineries named after Heydar Aliyev and Azerkimya PU.

Tags: oil invest azerbaijan upgrading

 

Stadler wins train orders in Azerbaijan and Italy

2015-05-18 01:00:00| Railway Technology

Azerbaijan Railways (ADY) has signed a 70m contract with Stadler Rail at the TransCaspian 2015 international transport and logistics exhibition in Baku, to deliver five 1,520mm-gauge Kiss double-deck electric multiple-units (EMUs).

Tags: orders italy train wins

 

ADB funds $750m to upgrade power distribution network in Azerbaijan

2015-05-07 01:00:00| Power Technology

Asian Development Bank (ADB) has signed a memorandum of understanding with Azerbaijan to provide $750m funding for a $1bn investment programme to upgrade and expand the country's power distribution network.

Tags: power network distribution funds

 

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