ADB financing to expand Azeri gas field, help create alternative for Caspian gas supply to Europe
- Written by TCA
BAKU (TCA) — The Asian Development Bank (ADB) on December 7 said it will provide $1 billion in private and public sector assistance to expand Azerbaijan’s Shah Deniz II, one of the world’s largest gas fields. The move would become the first step in creating an alternative for gas deliveries to Europe from the Caspian region.
