NEWS FEED
Zoom
10:14 19 January
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

  • Putin takes icy plunge into waters of Lake Seliger
  • Azerbaijan sees 24% rise in compulsory insurance of automobi...
+2
EXCHANGE RATE
FOREX
/ 19 January, 2018

USD
1.7001
 
EUR
2.0849
 
RR
0.0301