Up to the end of this year, new PSA (Production Share Agreement) will be signed on Azeri-Chirag-Guneshli field, Khoshbakht Yusifzadeh, the first Vice-President of the State Oil Company of Azerbaijan Republic (SOACAR) told journalists on Oct 14.
According to, Khoshbakht Yusifzadeh, the agreement will be valid 2024-2040 years.
Note that PSA on Azeri-Chirag-Guneshli field expires in 2024.
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