Rus News Journal

In Baku has passed the solemn assembly devoted to decade of the contract on extraction of the Caspian oil

to Decade of signing " the Contract of a century " between Azerbaijan and a consortium of the foreign oil companies on working out of oil fields in the Azerbaijan sector of Caspian sea solemn assembly which has taken place on Monday in Baku has been devoted.

the president who has opened meeting of Azerbaijan Ilham Aliyev has noted crucial importance of signing of the contract not only 4 lifting of national economy and its oil sector, but also 4 stabilisation political siuatsii in the country as a whole. As he said, " time has CFMed with fidelity of oil strategy of Heydar Aliyev, one of which components was signing in 1994 " the Contract of a century ".

Aliev has informed that for today Azerbaijan has signed 23 contracts W 25 oil companies of the world as a result of which realisation in the country will be enclosed $50 billion foreign investments.

the special representative who has acted on solemn assembly of the president of Russia on the international power cooperation Igor Jusufov has read Vladimir Putin Ilham Aliyev`s message in connection with an anniversary " the Contract of a century ".

" I Divide your estimation of high level Russian - the Azerbaijan relations having character of strategic partnership. Successful realisation bears to it reached by us in Moscow of arrangements on expansion of bilateral cooperation in various branches, including interaction in toplivno - a power complex which we consider as one of priority directions of development trading - economic relations between our countries " - it is SPK in the message of the president of Russia.

The Agreement on working out of deposits of Azeri - Chirag and a deep-water part mestrozhdenija " Gjuneshli " named in Azerbaijan " the Contract of a century " it has been signed on September, 20th, 1994 in Baku between the State oil company of Azerbaijan (GNKAR) and the Azerbaijan international operational company (AMOK), the uniting 11 foreign oil companies.