Bank Of Baku

SOCAR fulfils budget transfer forecast by 100 percent

SOCAR fulfils budget transfer forecast by 100 percent
# 26 December 2009 11:55 (UTC +04:00)
Baku. Nijat Mustafayev – APA-ECONOMICS. Despite world financial crisis, the State Oil Company of Azerbaijan Republic (SOCAR) will fulfill budget transfer forecast for 2009 by 100 percent, said SOCAR President Rovnag Abdullayev, APA-ECONOMICS reports.

Abdullayev said oil price fell for twice in 2009 as a result of world financial crisis, but it didn’t negatively effect on the SOCAR’s state budget obligations.
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