Bank Of Baku

SOCAR Trading to restore operation in Egypt after assessment of risks

SOCAR Trading to restore operation in Egypt after assessment of risks
# 01 February 2011 11:48 (UTC +04:00)
According to SOCAR, this problem doesn’t influence on oil export: “This doesn’t concern to Azerbaijan, its liabilities and oil”.

Company says the after loan risks assessment, SOCAR Trading will resume to operate in Egypt.

According to information, SOCAR Trading Company transports oil which extracted in Arabian countries, from May 2010. These oil productions are sold to Egyptian General Petroleum Corporation.
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THE OPERATION IS BEING PERFORMED