Azernews.Az

Monday, November 2, 2026

Investments in ACG exceed $40B

2 June 2016 11:16 (UTC+04:00)
Investments in ACG exceed $40B

Over $41 billion have been invested up till now in the development of Azerbaijan's Azeri-Chirag-Guneshli oil block, where Azeri Light oil is produced, said Rovnag Abdullayev, president of the State Oil Company of Azerbaijan Republic (SOCAR).

Abdullayev made the statement at the Caspian Oil & Gas Conference in Baku June 2. The conference kicked off on June 1.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more