TPAO announces amount of investments in Azerbaijan

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# 11:07
19 December 2016

“We intend to save money because of decline in oil price. It’s true, our investments are sustainable. But we reduced investments in additional projects. Domestic investing is not reduced”, Shishman said.  

 

Touching upon the foreign investments, the Director-General said that the company is about to shut down its representation in Libya due to ongoing processes.

 

According to him, TPAO invested $10 billion in the projects in Azerbaijan: “These are most profitable projects”.

 

 

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