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Minister: New ACG contract to become Contract of 21st Century

14 September 2017 10:44 (UTC+04:00)
Minister: New ACG contract to become Contract of 21st Century

The new contract on development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea, which implies the extension of the activity at this field until 2050, will become a Contract of the 21st Century, Turkish Minister of Energy and Natural Resources Berat Albayrak said.

Albayrak made the remarks at the signing ceremony of the new ACG contract in Baku on September 14.

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