The President took part in the ceremony of sending the support block of the Central East Azeri platform to sea

On December 13, 2022, President of the Republic of Azerbaijan Ilham Aliyev took part in the ceremony of sending the support block of the Central East Azeri platform to the sea at the Heydar Aliyev Baku Deep Water Jackets Plant, APA reports.

BP Regional President for Azerbaijan, Georgia and Turkey Gary Jones, President of the State Oil Company of Azerbaijan – SOCAR – Rovshan Najaf informed the head of state about the work done on the project, a video was shown.

It was noted that the final investment decision on the Central East Azeri project is the first major investment decision of the Azeri-Chirag-Guneshli (ACG) partners after the extension of the ACG Production Sharing Agreement until 2049. The $6 billion project includes a new offshore platform and other installations with a production capacity of up to 100,000 barrels. According to the forecast, up to 300 million barrels of oil will be produced during the life of the project.

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