updated Tue. March 5, 2024
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Trend News Agency
April 23, 2018
“BP's activity in Azerbaijan started in 1994 with the signing of the Contract of the Century, and since then, many goals were implemented at the international level through the joint efforts of the company and the government of Azerbaijan,” he said. “The Baku-Tbilisi-Ceyhan oil pipeline is one of the projects ofÃâà...
AzerNews
April 4, 2018
Despite a number of problems that emerged after the independence, Azerbaijan tried to switch to a new economic model, and was able to achieve this at a high level. "The signing of the "Contract of the Century " in 1994 can be shown as an illustrative example of the transition to a new economic model," heÃâà...
AZERTAC News
March 29, 2018
The first exhibition was held in 1994 on the eve of signing the “Contract of the Century” in September of the same year; an agreement which defined the main development areas for the Caspian Basin's hydrocarbon resources and opened a new chapter in Azerbaijan's oil history. Another significant dateÃâà...
Chron.com
October 24, 2017
Azerbaijan's bountiful Caspian fields were untapped during the Soviet occupation because the USSR lacked the required capital and deep-water technology. Since the contract of the century was signed, the ACG field has produced about three billion barrels of oil along with associated natural gas.
AzerNews
December 31, 1999
The country will be provided with additional billions of dollars through launching gas production within the second stage of development of the Shah Deniz field and extension of the Contract of the Century until 2050. Public confidence in national currency. Population converts savings to foreign currency asÃâà...
AzerNews
December 31, 1999
The expert mentioned extension of the Contract of the Century, as part of which Azerbaijan will receive foreign investments worth tens of billions of dollars, and additional $3.6 billion as a bonus. Among other factors the expert also mentioned oil prices. “Oil prices remain at $70 per barrel, although manyÃâà...
