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4 Azerbaijani companies chosen general suppliers for Shah Deniz 2

tebrikBP on behalf of its co-venturers in the Azeri-Chirag-Gunashli (ACG), Baku-Tbilisi-Ceyhan (BTC), Shah Deniz (SD), and South Caucasus Pipeline (SCP) opened today the second “Meet the Buyer” event. BP Azerbaijan informs that this event is part of BP’s commitment to helping local companies increase their participation in BP-operated projects through enhancing their capabilities.
The Company considers that the “Meet the Buyer” event is expected to attract a larger number of international clients to meet the local oil and gas supplier market representatives helping them reach international markets. The event is an opportunity for over 90 local companies, which have been through BP and co-venturers’ enterprise development and training programme – EDTP. About 400 potential buyers have been invited to attend the event and meet their potential suppliers, as well as other representatives of the local oil and gas industry supply chain.
This year’s event has one more new element. BP-operated Shah Deniz Stage 2 project is preparing for a final investment decision which is expected later this year. As part of preparations for this giant project BP has developed the Stage 2 local manufacturing programme which proactively aims at bringing additional local content into the project’s future equipment and materials purchase contracts. Four local companies have been selected as potential suppliers of commodities that the Shah Deniz Stage 2 project will need. They are expected to produce these commodities either separately or as joint ventures with international suppliers.
“This in fact is a new experience and is the first case when a company supports local business entities before starting its procurement activities so that they can develop to our requirements,” says Huseyn Mamedov, BP’s Vice-President, Communications and External Affairs.
The enterprise development and training programme — EDTP was launched in 2007. Of these up to 100 local companies have fully completed the programme and 38 have been specifically successful winning to date some $182 million worth of BP contracts. This has enabled them to create over 1,300 new jobs and make $2.2 million self-investment – reported http://abc.az.