Shah Deniz II Operation, Azerbaijan
BSTDB is considering providing a long-term debt to Lukoil Overseas Shah Deniz Ltd. (LOSD, Borrower, Company) for the Borrower's share in the Stage II development of the Shah Deniz, an offshore gas exploration and production project in Azerbaijan (Project). The Project will include two additional bridge-linked offshore platforms, 26 subsea wells, 500 km of subsea pipelines, expansion of the Sangachal terminal and expansion of the South Caucasus Pipeline (SCP), a gas export pipeline system from Azerbaijan through Georgia to the Turkish border.
Shah Deniz II Project has been assigned Category A due to the potential to generate significant environmental and social negative impacts, which require an Environmental and Social Impact Assessment (ESIA) study to be carried out at the early stages of the project design so that all the risks and impacts are understood and effective prevention and/or mitigation measures are properly designed and incorporated in the general project design.
The ESIA has been conducted by British Petroleum (BP) – the Operator of Shah Deniz project and is available for review in the link below:
http://www.bp.com/en_az/caspian/sustainability/environment/ESIAs/ShahdenizESIAs/ESIA.html
In addition, please see the following disclosed information:
-
Executive Summary of the Environmental & Social Review and Audit report in English and in Azerbaijani; and
- Independent Environmental and Social Review and Audit Report in English
For additional enquiries, please contact the Company directly:
Oktay Movsumov
JSC LUKOIL
Sretenskiy blvd, 11
Moscow, 101000,
Russia
Email: mail@lukoil-overseas.com