In-Country Value Addition in Azerbaijan

The EDTP project was among 12 commended entries in BP’s 2012 Helios Awards from Azerbaijan Georgia Turkey in the Excellence Category for facilitating private sector growth in Azerbaijan. EDTP, during 3 years of the T&M Associates/Azerms partnership, achieved:

  • Development of a database of over 1000 local suppliers of goods and services relevant to the oil and gas industry
  • Local companies won contracts in the excess of $150 million.
  • Local suppliers increased their full time employees by over 500
  • Local suppliers increased their investment by ~ $8 million (local supplier investment dollars)
  • Demonstrated the value of local development efforts to deliver new business (spill-over effects) in the range of about $25 million that were contracts not with BP,
  • A positive ROI in less than 12 months

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