BP invested more than $78 mln. into projects it operates in Azerbaijan together with its partners to date

BP invested more than $78 mln. into projects it operates in Azerbaijan together with its partners to date
# 16 July 2021 12:11 (UTC +04:00)

"BP has been present in Azerbaijan for 28 years safely, efficiently and reliably operating major oil and gas exploration, development and transportation projects. To date, together with its partners, bp has invested around $78.5 billion into projects it operates in the country. In Azerbaijan, we are committed to supporting sustainability efforts focusing on the areas where we believe we can make the most difference," BP told APA-Economics.

"Our extensive social investment activities and capacity-building efforts in the country have had a positive impact and brought tangible benefits to people, improving their lives and making difference.

Our social investments cover such areas as building local capabilities, education, development of communities, local enterprises, the environment, sporting potential as well as research and promotion of the country’s rich cultural heritage. Overall, since the start, bp itself and together with its co-venturers in the joint ventures that bp operates in Azerbaijan, has spent more than $94 million on social investment projects in this country," according to the information of BP.

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THE OPERATION IS BEING PERFORMED