Bank Of Baku

SOCAR does not intend to work in Kyrgyzstan

SOCAR does not intend to work in Kyrgyzstan
# 08 August 2011 10:55 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. State Oil Company acquired 25.85% share of Turkish Turcas Petrol/Injaz Projects Company.

SOCAR President Rovnag Abdullayev: “We wanted to increase our share in Turkish investment projects and achieved this”.

Note that, SOCAR’s share in consortium reached 70%.

SOCAR has not any plan to implement projects in Kyrgyzstan: “Kyrgyzstan has little reserves”.
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