bp on behalf of its co-venturers in the Azeri-Chirag-Gunashli, Baku-Tbilisi-Ceyhan, Shah Deniz, and South Caucasus Pipeline projects – SOCAR, TPAO, PETRONAS, MOL, LUKOIL, NICO, Equinor, INPEX, ExxonMobil, SGC, ITOCHU, ONGC, TOTAL, Eni – today announced successful completion of three community development projects along the bp-operated export pipelines. The total value of the projects is around 900,000 AZN.
A group of bp and co-venturer companies’ representatives visited the Tovuz, Samukh (the Sweet Gold project), Yevlakh (the Build Your Future project) and Kurdamir districts on 14-15 July to see firsthand the sustainable results of the social investment initiatives implemented in the neighbouring communities.
Notes to editors
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.
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.
In 2020, bp and the co-venturers in bp-operated joint ventures spent $3.2 million in Azerbaijan on social investment projects. In addition, in 2020, bp alone spent more than $4.2 million on various social and sponsorship projects in this country.
In Azerbaijan, bp directly employs more than 2,400 Azerbaijani citizens who make over 90 per cent of the company’s professional staff. For more information about bp and co-venturers’ social investment projects please visit bp Azerbaijan site at www.bp.com/azerbaijan.
Tamam Bayatly at bp’s press office in Baku.
Telephone: (+994 12) 525 58 95