fbpx 50117-001: Shah Deniz Gas Field Expansion Project | Asian Development Bank

Azerbaijan: Shah Deniz Gas Field Expansion Project

Nonsovereign (Private) Project | 50117-001 Status: Dropped / Terminated

The upstream project includes construction of 26 subsea wells, two offshore platforms, gas and condensate subsea pipelines, expansion of the Sangachal terminal, two 900 mmscfd gas compressors, and connection to the South Caucasus Pipeline.

Project Details

Project Officer
Singh, Samarendra Private Sector Operations Department Request for information
Country
  • Azerbaijan
Sector
  • Energy
 
Project Name Shah Deniz Gas Field Expansion Project
Project Number 50117-001
Borrower/Company Ministry of Finance, Government of Azerbaijan
Southern Gas Corridor CJSC
Country Azerbaijan
Location Nation-wide
Type or Modality of Assistance
3498 Loan Ordinary capital resources USD 500.00 million Committed
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Energy / Oil and gas transmission and distribution

Gender Equity and Mainstreaming No gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 1
Responsible ADB Officer Singh, Samarendra
Project Sponsor(s) Ministry of Economy and Industry, Government of Azerbaijan
State Oil Company of the Azerbaijan Republic
Description The upstream project includes construction of 26 subsea wells, two offshore platforms, gas and condensate subsea pipelines, expansion of the Sangachal terminal, two 900 mmscfd gas compressors, and connection to the South Caucasus Pipeline.
Objectives and Scope (1) To increase the output of one of Azerbaijan's most important economic generators, (2) to establish Azerbaijan a peer in the regional economy in contributing to the promotion of value-added industries such as downstream processing, and (3) to generate substantial employment in Azerbaijan.
Linkage to Country/Regional Strategy The project is aligned with the Azerbaijan country partnership strategy (CPS) 2014-2018, specifically in the support of select downstream petrochemical investments. A successful financing for the Shah Deniz Gas Field Expansion project will demonstrate to the international community, the bankability of large-scale financings for upstream and downstream gas projects in the Azerbaijan.
Safeguard Categories
Environment A
Involuntary Resettlement B
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects URS was appointed by BP to undertake the ESIA in November 2013. The main environmental issues are air quality, water and wastewater quality, noise and vibration level, marine and terrestrial biodiversity (flora and fauna), hazardous and non-hazardous wastes generation and occupational health and safety within the project's area of influence from gas condensate field development, construction works and operation of project facilities including associated infrastructure facilities.
Involuntary Resettlement The State Oil Company of Azerbaijan Republic (SOCAR) is responsible for any land acquisition in connection with the project. The due diligence of the land acquisition process will confirm whether the actions are in accordance with ADB's safeguard principles and policy requirements. The Environmental and Social Compliance Audit report shall identify corrective actions, measures and recommendations to address the gaps identified, to comply with the Safeguard Requirements on Involuntary Resettlement.
Indigenous Peoples The ESIA confirms that there are no indigenous communities in the project locations that will be impacted.
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 18 Apr 2016
Credit Committee Meeting 25 Oct 2016
Approval 07 Dec 2016
Last PDS Update 29 Aug 2019

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Title Document Type Document Date
Shah Deniz Gas Field Expansion Project: Report and Recommendation of the President Reports and Recommendations of the President Nov 2016
Shah Deniz Gas Field Expansion Project: Initial Poverty and Social Analysis Initial Poverty and Social Analysis Sep 2016

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


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