Overview
ExxonMobil has had a continuous business presence in Azerbaijan since 1995 and has a 7 percent interest in the Azerbaijan International Operating Consortium (AIOC), which produces hydrocarbons from the Azeri-Chirag-Gunashli (ACG) field in the Caspian Sea, and a 2.5 percent interest in the Baku-Tbilisi-Ceyhan (BTC) pipeline, which evacuates Azeri crude to international markets.
ExxonMobil is committed to continuous efforts to improve safety and environmental performance throughout our operations and has been participating in the Extractive Industry Transparency Initiative in Azerbaijan since 2003 and continues to support the country in its independently led Extractive Industries Transparency effort. We have also funded a number of humanitarian projects in the late 1990s to assist refugees and internally displaced persons following the Nagorno-Karabakh conflict with Armenia and have continuously supported educational programs over the last decade in Azerbaijan.