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ADB replaces officer for Shah Deniz project

27 March 2017 17:38 (UTC+04:00)
ADB replaces officer for Shah Deniz project

By Trend

The Asian Development Bank (ADB) has replaced the officer for Azerbaijan’s Shah Deniz Stage II Investment Plan Project Preparatory Technical Assistance.

Roland Pladet has replaced Megan Wolf on this post.

Earlier, Pladet replaced Wolf on the post of project officer for Azerbaijan’s Shah Deniz Gas Field Expansion project.

In June 2016, the Asian Development Bank allocated a grant worth $1 million as part of the Project Preparatory Technical Assistance (PPTA) within the second stage of development of the largest Azerbaijani Shah Deniz field.

Agreement on the PPTA was signed June 6, 2016, and came into force on the same day.

The PPTA will undertake the necessary due diligence for preparing the Shah Deniz Stage II Investment Plan and tranche 1, and will assist in the pre-implementation work.

ADB’s Shah Deniz Stage II Investment Plan is $1.505 billion.

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