Azerbaijan to earn $4.7bn from BP projects in 2007
The Azerbaijani government's revenues from BP-operated oil and gas
projects in 2007 will exceed $4.7 billion, according to BP
Azerbaijan, the top foreign investor in the country's oil and gas
sector.
The figure is forecast at $3-3.5 billion early this year, but the amount has increased due to rising world crude prices, the company's vice-president Phil Home said.
Azerbaijan's energy resources are produced from the major Azeri-Chirag-Gunashi (ACG) fields in the Caspian Sea.
The figure is forecast at $3-3.5 billion early this year, but the amount has increased due to rising world crude prices, the company's vice-president Phil Home said.
Azerbaijan's energy resources are produced from the major Azeri-Chirag-Gunashi (ACG) fields in the Caspian Sea.
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