bp: Construction activities for Shafag project progressed on schedule in Q4 2025

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In the fourth quarter of 2025, construction activities for the Shafag project progressed on schedule at the site in the Jabrayil district, the bp Azerbaijan said in its report for the 2025 full year results.

Following the final investment decision in June 2025, the project awarded two main contracts: one for engineering, procurement and construction services, as well as operation and maintenance for the first two years of the plant’s operations, and the other for module supply. Under these contracts, site mobilization was successfully completed in 2025, and construction is now actively underway. In parallel, module supply activities commenced, with the first shipment of panels successfully delivered to the site in August 2025.

Construction activities for the Shafag project are expected to continue through mid-2027, with a strong focus on utilizing local resources. At peak, the project is expected to create up to 400 jobs.

Economy