New shipyard of SOCAR (the State Oil Company of Azerbaijan) in Azerbaijan will be commissioned on September 20 when the country celebrates the Day of oil workers, the head of Neftegazstroy Trust of SOCAR Mirkazim Abasov told in his article published in Respublika newspaper on Thursday.
According to the article, new shipyard of SOCAR is the biggest one among similar enterprises of the Caspian states.
"The main purpose of Baku shipyard is the creation of all types of vessels, which are needed in the Caspian Sea," the Trust's head stressed.
The area of the new plant will be 880,000 square metres, closed production area of 75,000 square metres and the length of berths stands at 1300 metres.
The investment volume for the plant's construction amounts to $450 million. The plant's capacity is 25,000 tons of metal constructions per year.
It will be capable of producing four tankers annually with a deadweight of 15,000 tons, or two tankers with a deadweight of 70,000 tons. Also, the plant will produce an annual delivery of four maintenance and towing vessels and repair 80-100 various vessels.
Up till now, all orders on shipbuilding by Azerbaijan were placed at shipyards in other countries.