Contribute Information
Can you contribute information about this project?
Contact the EWS Team
This project will support the Government of Azerbaijan's ongoing investment in the development of the Shah Deniz Stage II gas field expansion. The project outputs include (i) Shah Deniz-II natural gas
production and processing facility under construction, (ii) greater efficiency in gas sector, and (iii) jobs
created during construction and operations.
These components include (i) construction of two new bridge-linked oil platforms, (ii) drilling of 26
new subsea wells, (iii) construction of a new 500 kilometer subsea pipeline network, (iv) consolidation
of government’s interests in Shah Deniz within a single entity, and (v) creation of over 19,000
temporary and 1,800 permanent local jobs during construction and operation of Shah Deniz-II,
respectively.
This is a two-pronged investment:
Loan from ordinary capital resources worth US$500 million.
Partial Credit Guarantee worth US$26.3 million.
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main