Azerbaijan, Baku, Aug.13 / Trend E.Ismayilov, N.Ismayilova /
The State Oil Company of the Azerbaijani Republic (SOCAR) and the U.S. Trade and Development Agency (USTDA) signed a $572,068 grant agreement on Aug.13. The agreement was undersigned by head of SOCAR, Rovnag Abdullaev, and executive director of USTDA, David Hester.
Under the grant agreement, SOCAR will begin to create a modern center for wastes and announce a tender among foreign consulting firms with this purpose. Technical, economical, financial aspects will be determined and various proposals will be received on identification of alternative ways of implementation as a result of a feasibility study on construction of the center.
The company realizes a number of ecological projects, particularly, projects on soil and industrial water treatment, so, the company needs a new center of wastes, which will process, collect and liquidate the industrial waste," Abdullayev said.
According to Abdullayev, talks between the SOCAR and USTDA lasted one year.
USTDA is rendering great assistance to implementing the project on waste handling and this grant will be directed at the development of the feasibility study and project. The center, meeting international standards will be established in the short term. It will facilitate the realization of ecological projects in future in term of storing wastes, Abdullayev said.
At present, SOCAR has a center of waste, which functions since 1985, but physically and morally outdated.
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