Middle East Economic Survey

VOL. XLVIII

No 5

31-January-2005

CASPIAN

Azerbaijan Plans Energy Investment In Moldova

Azpetrol of Azerbaijan on 18 January said it would invest $250mn over a seven-year period inMoldova for energy infrastructure projects including a $170mn refinery, 50 filling stations worth $35mn, and a river port worth $45mn. The refinery and port facilities would be located at Giurgiulesti near the confluence of the Danube and Prut Rivers. The Moldovan government started a crude and...