The partners’ costs on energy projects in Azerbaijan reach nearly $ 1 billion.

In H1 2014 the cost of contracts execution and orders purchase in Azerbaijan projects operated by BP amounted to $969 million against $1.02 billion in January-June 2013, the report on the BP results in Azerbaijan in January-June 2014 informs.

According to the report, the value of contracts for small and medium-sized enterprises (including the individuals, a total of 180 units) amounted to $378 million, the state-owned companies (27 companies) - $ 65 million, the joint ventures with local partners (13 JV) - $240 million.

In H1 2014 the costs of foreign contractors in the country amounted to $ 286 million.

In January-June $ 1.24 million were spent on the SR projects. In particular, during the project development unit of Azerbaijan's "Azeri-Chirag-Guneshli" offshore fields the expenses totaled $ 0.19 billion, the "Shah Deniz" gas-condensate field - $ 0.19 billion, the Baku-Tbilisi-Ceyhan and the Baku-Tbilisi-Erzurum oil pipelines - $ 0.4 billion.