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Lesson
The project highlighted the importance of safeguarding the nation’s wealth fund (State Oil Fund of the Republic of Azerbaijan or SOFAZ) to ensure that social programs and development priorities are sustained. In times when the nation’s wealth fund can be compromised due to external factors, exploring and pursuing viable funding options to meet the government’s financial obligations can ease pressures on the use of the fund other than its intended purposes.

Project Number: 49451-002
Project Name: Shah Deniz Gas Field Expansion Project
Report Date:
Lesson
Design and monitoring framework (DMF) indicators that are specific and clear facilitate better assessment of project achievements. Targets that are achievable within the project timeline contributes to the quality of the project design and monitoring.

Project Number: 49451-002
Project Name: Shah Deniz Gas Field Expansion Project
Report Date:
Lesson
Sound planning reduces delays in implementing procurement activities, especially for projects with interdependent components. Specifically, sufficient preparation for procurement planning, scheduling, and costing, given project-specific requirements, are vital in the timely procurement of goods and services. A well-planned procurement leads to a better management of procurement-related activities (e.g., bids, contracts, and others), which in turn, facilitates the timely completion of project components.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date:
Lesson
Undertaking a rigorous risk assessment, including possible mitigation measures during project preparation, helps minimize implementation delays and cost overruns, both of which could undermine the realization of expected project results. A thorough assessment of potential risk factors such as the soundness of supply and demand projections; adequacy and sources of O&M expenditures, including other possible cost-recovery measures; and financial arrangement among borrowers and development partners helps strengthen project preparation.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date:
Lesson
Another project level lesson is related to the analysis of financial performance of the executing agencies.The PCR analyzed the performance against three major criteria business risk, financial risk and financial flexibility and liquidity. Adding 10-year financial projections of the state gas companies to the performance analysis would provide (i) an understanding of threats and risks, (ii) guidance for policy initiatives, and (iii) measures needed for securing energy supplies through future investments.

Project Number: 35242-013
Project Name: Gas Transmission and Development Project
Report Date:
Lesson
Better use of consulting services should be considered a primary concern during the preparation and review of bidding documents. Less than 15% of the budget for consulting services in the OCR loan was utilized. Input from additional experts would lower the possibility of rebidding, and project implementation would proceed according to schedule.

Project Number: 35242-013
Project Name: Gas Transmission and Development Project
Report Date:
Lesson
Dialogue is necessary so that studies and policies can be structured to comply with the government’s requirements. Had this been done during the design stage, the urban public transport promotion policy proposed under the project would not have been rejected.

Project Number: 49232-001
Project Name: Beijing–Tianjin–Hebei Air Quality Improvement– Hebei Policy Reforms Program
Report Date:
Lesson
It is important to perform technical and economic due diligence and feasibility before policy actions are recommended and implemented.

Project Number: 49232-001
Project Name: Beijing–Tianjin–Hebei Air Quality Improvement– Hebei Policy Reforms Program
Report Date:
Lesson
No additional lessons

Project Number: 39905-014
Project Name: Municipal Natural Gas Infrastructure Development Project
Report Date: