Group of BTC Sponsors to meet with financial institutes

A meeting of Group of Sponsors for construction of the Baku-Tbilisi-Ceyhan MEP with international financial institutes is due in the USA in April. The meeting, to be attended by WB, EBRD, creditor organizations and private banks, will mark the beginning of a search for financial resources for construction of the pipeline.
According to SOCAR, the Azerbaijan party will be represented by the Head of SOCAR’s foreign investment section Valeh Alasgarov.
A BP source has confirmed the meeting report, but declined to elaborate its timing.*

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Issue: March, 26, 2001


OFFICIAL INFORMATION

"Azerbaijan ready for closer co-op with Egypt", H. Aliyev says


ECONOMICS

Muradkhanli operating company plans to abandon MOC-1z well

Group of BTC Sponsors to meet with financial institutes

US to provide $34mln in aid

Two thirds of profit earned by industry

As of early March, some AZM340 billion in profit were

Government seeks TACIS consultation


MISCELLANEOUS

Turkey allots 60 seats to Azeri students


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