New gas chemical complex for $4 bln to be built in Azerbaijan
Edited by Rhod Mackenzie / 2016-07-05 11:50:13
Azerbaijan Oil and Gas Refining Azerbaijan Oil and Gas Petrochemicals PolymerUpdate Processing Gas Production and Refining SOCAR
The cost of the construction of a new gas-chemical complex in Azerbaijan will amount to approximately four billion dollars. This was reported by a senior representative of SOCAR.
"In order to reduce the cost of the project, it was decided to reduce the capacity of the gas processing plant from 12 to 10 billion cubic meters of gas per year. Due to this the project cost is estimated at four billion dollars," – he said.
