Today.Az » Business » 'Azerbaijan will invest in Kyrgyzstan's economy'
19 January 2012 [12:11] - Today.Az
An agreement in principle to start construction of an oil refinery in
Kyrgyzstan with a capacity of 2 million tons per year was reached at a
meeting of the Kyrgyz President Almazbek Atambayev and head of the State
Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev on Thursday, Kyrgyz
presidential press service reported. The oil refinery is expected to be commissioned in late 2013.
Head of the State Oil Company of Azerbaijan visited Kyrgyzstan to
meet with the country's leadership on behalf of Azerbaijan President
Ilham Aliyev, with whom Kyrgyz President Almazbek Atambayev met in
Moscow on Dec.20, 2011.
The meeting between President Atambayev and Abdullayev discussed
supply of crude oil and oil products from Azerbaijan, as well as
prospects for oil exploration and production in Kyrgyzstan.
The President instructed the Energy and Industry Minister to provide
full assistance in the construction of the oil refinery in Kyrgyzstan
that will enable to diversify supply of oil products to the country's
market.
Abdullayev said a group of specialists will be sent soon to examine
construction of the oil refinery and start of the company's activity in
Kyrgyzstan's energy sector. He also stressed that the issue is under
President Aliyev's control. /Trend/
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