NEWS FEED
Zoom
10:21 21 September
10:13 21 September
10:09 21 September
18:13 20 September
10:22 20 September
10:19 20 September
10:18 20 September
10:17 20 September
TOP 5

SOCAR pays AZN 394M to Agrarcredit for AzMeCo


In 2016 SOCAR made AZN 394 million prepayment to Agrarcredit for acquisition of Azerbaijan Methanol Company (AzMeCo), according to the consolidated report on SOCAR financial activities in 2016. 

 

The control over AzMeCo was not transferred to SOCAR.

 

 

Earlier, SOCAR Vice President Suleyman Gasimov said that AzMeCo will be directly sold to SOCAR for $520 million. 

Related news releases

VİDEO NEWS

PHOTO NEWS

  • Shah Deniz-2 is making good progress towards full completion...
  • Vice President: Favorable oil price for SOCAR is $60-65, but...
+2
EXCHANGE RATE
FOREX
/ 21 September, 2017

USD
1.7007
 
EUR
2.0209
 
RR
0.0292