TODAY.AZ / Business

SOCAR does not intend to work in Kyrgyzstan

08 August 2011 [16:05] - TODAY.AZ
State Oil Company of Azerbaijan (SOCAR) doesn’t intend to work in Kyrgyzstan, SOCAR President Rovnag Abdullayev told media representatives.

According to his words, SOCAR always tries to get maximum effect. “In Kyrgyzstan there is no more resources”, he stressed. SOCAR acquired 25.85% share of Turkish Turcas Petrol/Injaz Projects Company.

“We wanted to increase our share in Turkish investment projects and achieved this”.
SOCAR’s share in consortium reached 70%.


/AzerTAc/
URL: http://www.today.az/news/business/92162.html

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