According to EY audit studies, expenses of the Shah Deniz gas condensate project in the Azerbaijani sector of the Caspian Sea are growing, abc.az reports.The audit company said that the Shah Deniz development contract had been extended by 40 years on March 7, 2001. The working program for the gas field until 2041 costs $32.983 billion. The State Oil Company of the Azerbaijan Republic (SOCAR) evaluates the program cost as $3.298 billion.$25 billion will have been invested by 2018, according to plans. The SOCAR will have invested $3 billion.
According to EY audit studies, expenses of the Shah Deniz gas condensate project in the Azerbaijani sector of the Caspian Sea are growing, abc.az reports.
The audit company said that the Shah Deniz development contract had been extended by 40 years on March 7, 2001. The working program for the gas field until 2041 costs $32.983 billion. The State Oil Company of the Azerbaijan Republic (SOCAR) evaluates the program cost as $3.298 billion.
$25 billion will have been invested by 2018, according to plans. The SOCAR will have invested $3 billion.
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