President of Azerbaijan Approves ACG-2 Contract
2017 November 03 ( Friday ) 10:14:16
Baku/03.11.17/ Turan: President Ilham Aliyev has approved a new PSA-type contract for the development of the Azeri, Chirag and deepwater Guneshli (ACG) fields until 2050, the website of the head of state reports. The President signed the corresponding decree on November 2.
As reported, the Milli Majlis (Parliament) of Azerbaijan approved the new contract for ACG-2 at the plenary session on October 31. The agreement was signed in Baku on September 14, 2017. -12B-