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Unlocking the Value of Azerbaijan's Offshore Oil Fields
出版SAGE, 2008
ISBN14739740039781473974005
URLhttp://books.google.com.hk/books?id=2PcpswEACAAJ&hl=&source=gbs_api
註釋In Azerbaijan, observers had hailed it as the 'contract of the century.' In September of 1994, the Azerbaijani government signed a Production Sharing Agreement (PSA) with a consortium of eleven oil companies, collectively known as the Azerbaijan International Oil Company (AIOC). The PSA spelled out the plans to develop a Caspian Sea oil field called Azeri-Chirag-Guneshli (ACG), 37 miles off the shore of Baku, Azerbaijan's capital. The members of the AIOC would invest over $15 billion dollars in this project, making it one of the largest non-military capital investments in the world. For Azerbaijan, the development of ACG promised to transform the economy and reestablish the country as a centre of the oil industry. This case study examines this topic