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 Press release - World Bank Mission In Azerbaijan (WB)

 Press release date: 14.10.1999

  FOR IMMEDIATE RELEASE 
The World Bank
Resident Mission in Azerbaijan
News Release No. 2000/010/AZ

Contact: Saida Bagirova (994-12) 921-941
Email: Sbagirova@worldbank.org
Leyli Bektashi (994-12) 922-807
Email: Lbektashi@worldbank.org

WORLD BANK MISSION IN AZERBAIJAN

BAKU, October 15th, 1999 A World Bank Energy Sector Mission led by Mr. Jonathan Walters will be visiting Azerbaijan from October 17, 1999 to supervise the Petroleum Technical Assistance and Gas System Rehabilitation Projects, and continue the dialogue on electricity and gas privatization/regulation.

The main objectives of the Mission are to:

  • review the Governments plans to enhance regulation of the electricity and gas sectors, and to privatize parts of those sectors;
  • assist in the operational aspects of project supervision, focusing particularly on procurement issues;
  • update the training needs assessment of SOCAR;
  • review progress on implementation of the Petroleum Technical Assistance Project;
  • discuss the use for implementation of regulatory reform and privatization in the electricity and gas sectors;
  • coordinate with TACIS and EBRD on their assistance to the energy sector;
  • discuss plans for SOCAR restructuring.

The Mission will stay in the country for about 10 days.



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