Azerbaijan
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Azerbaijan
StatoilHydro’s activities in Azerbaijan are among our biggest commitments in a single country.
Together with national oil company Socar and other international companies, we have worked both industrially and socially to build a solid basis for our investments in Azerbaijan.
In Azerbaijan’s sector of the Caspian, we participate in oil production from Azeri-Chirag-Gunashli and in gas production and exploration on Shah Deniz, Alov, Araz and Sharg.
We are a partner in the Baku-Tbilisi-Ceyhan (BTC) oil pipeline, which runs from the Azerbaijan capital of Baku to the Turkish port of Ceyhan on the Mediterranean.
In addition, we serve as commercial operator for the South Caucasus Pipeline (SCP), which runs parallel with the BTC to the Turkish-Georgian border.
Baku-Tbilisi-Ceyhan oil pipeline
The Baku-Tbilisi-Ceyhan (BTC) oil pipeline was officially opened in 2006.
Azeri, Chirag and Gunashli
StatoilHydro participates in the ACG field as a partner in the Azerbaijan International Operating Company.
Shah Deniz and the gas pipeline
The Shah Deniz gas and condensate field came on stream in 2006.
Alov, Araz and Sharg
StatoilHydro is a licencee in the production sharing agreement of the Alov, Araz and Sharg prospects.
Sustainability report 2007
Azerbaijan
We participate in investment programmes for sustainable social and economic development of local communities.
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Country facts:
Official name:
Republic of Azerbaijan
Area:
86,600 sq.km.
Population:
8 million.
Form of government:
Republic.
Capital:
Baku (2 million).
Language:
Azerbaijani.
Religion:
Muslim 93.4% (majority Shi'a), Russian Orthodox 2.5%, Armenian Orthodox Church 2.3%, and other 1.8%.
Currency:
Manat
GDP per capita (USD):
3,862(2007).
Industries:
Oil, gas, petroleum products, steel, iron, cement, chemicals, petrochemicals, textiles.
Time differance from Norway:
3 hours ahead.
Sources: U.S. Department of State
Contact information:
Baku
The Landmark Building
96 Nizami Str.
AZ1010 Baku
Azerbaijan
Tel: 994 124 977 340
Fax: 994 124 977 944
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