Bank Of Baku

Azerbaijan government adopts decision about guarantee and liabilities on new oil contract

Azerbaijan government adopts decision about guarantee and liabilities on new oil contract
# 26 August 2010 14:52 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. Azerbaijan Cabinet of Ministers adopted a decision about the guarantee and liabilities to the contract about production sharing, restoration and utilization of bloc which includes Balakhani-Sabunchu-Ramana and Kurdakhani fields.

According to contract Azerbaijan government approved its guarantee and liabilities to the contract which was signed among SOCAR, UQE-Lanser PTİ. Ltd. and SOCAR’s Common Oil Company.
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