SOCAR starts to pay funds on purchase of petrol stations network in Switzerland

SOCAR starts to pay funds on purchase of petrol stations network in Switzerland
# 05 June 2012 09:35 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The worth of project on purchase of petrol stations network in Switzerland by SOCAR makes $ 330 mln, said the SOCAR vice-president on economic issues Suleyman Gasimov.

According to him, $30 mln of this has already been paid. $ 200 mln will be paid from the means to be received from placemen of Eurobonds. Remaining $ 100 mln will be paid from SOCAR internal resources.

The new company will be rebranded during next 6 months and the company will operate under SOCAR brand.
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THE OPERATION IS BEING PERFORMED