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SOCAR invested $400 million in Georgian economy in 2009

27 January 2010 17:05 (UTC +04:00)

Tbilisi. Nizami Mammadzade - APA-ECONOMICS. SOCAR Georgia Petroleum, a subsidiary of SOCAR in Georgia, invested more than GEL 30 million in the construction of filling stations in Georgia last year.

As APAâ€™s Georgia Bureau reports, SOCAR Georgia Petroleum raised the number of stations to 25.

Faig Guliyev, official of SOCARâ€™s Georgian Office, said that the number of gas stations in Georgia will be brought up to 50 until the completion of 3-year program.

"During the past 4 years, we invested more than 400 million dollars in the economy of Georgia. SOCAR-owned Kulevi Terminal won yesterday’s contest in the nomination of "the modern standard terminal", and SOCARâ€™s Georgian office was awarded "The largest social investorâ€â€, he added.
SOCAR Georgia Petroleum won the award â€œthe largest taxpayer of the yearâ€ in 2009.

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