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Lukoil Shah Deniz Stage II



Project number:


Business sector:

Natural resources

Notice type:


ESIA disclosed:

21 May 2015



Approval date:

22 Jul 2015

Project description

The proposed project is an A/B loan to LUKOIL to provide financing for its share in Stage 2 development of the Shah Deniz, an offshore gas exploration and production project in Azerbaijan (the “Project”), which is one of the largest gas fields in the world. LUKOIL has a 10% interest in the Shah Deniz field. The Project is managed by BP plc. The EBRD and the ADB were appointed by LUKOIL as the Mandated Lead Arrangers (“MLAs”) for the proposed transaction.
The Project will include two additional bridge-linked offshore gas platforms, 26 subsea wells, 500km of subsea pipelines, and the expansion of the gas plant at Sangachal Terminal and the South Caucasus Gas Pipeline expansion.

ESIA disclosure package

  1. Executive Summary of the Environmental & Social Review and Audit Report  (English and Azeri)
  2. Independent Environmental & Social Review and Audit Report (English)
  3. Links to BP’s ESIA (English and Azeri):

Full ESIA availability

Full ESIA documentation is available locally at:
LUKOIL Overseas Shah Deniz Ltd.
13, Zeynalabdin Tagiev Str.
3rd Floor
Baku AZ1005, Azerbaijan
Contact: Askar Ismailov
Phone: +994124974156
Fax:       +994124974168
EBRD Office in Baku
90A Nizami Street, Landmark III, AZ1010, Baku, Azerbaijan.
Neil McKain, Ulviyya Baghirova
tel: (+99412) 497 10 14


Environmental and social enquiries:
Mr. Askar Ismailov
Production Manager
LUKOIL Overseas Shah Deniz Ltd.
13, Zeynalabdin Tagiev Str.
3rd Floor
Baku AZ1005, Azerbaijan
Phone: +994124974156
Fax:       +994124974168

This document was prepared at an early stage of project development, before consideration by the EBRD Board of Directors. Details of a project may change following disclosure.

Environmental and Social Impact Assessments and ESIA summaries are produced by project sponsors, and the EBRD makes them available without any comment or implied endorsement. Any views expressed or statements made in the Environmental and Social Impact Assessment or the ESIA Summary do not necessarily reflect the views or opinions of the EBRD.

Last updated 25 June 2014

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