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SOCAR: There are and were not individuals among the owners of â€œSOCAR Trading SAâ€, â€œSupra Holding Limitedâ€ and â€œSOCAR Black Seaâ€ companies

19 July 2012 16:00 (UTC +04:00)

According to statement, several malevolent powers, who can not accept SOCARâ€™s successes in strategic projects, increasing influence in the international scale, continue denigration campaign to prevent SOCARâ€™s business influence. The baseless and so-called researches and results are posted in the media, serving to circles of which interests do not correspond to our interests. These aim to prevent SOCARâ€™s influence in the world.

SOCAR says slovenly intentions of those powers will be exposed and adequate measures will be taken against them: â€œSOCAR, who gained great successes in regional and global projects, has shown itself as powerful, modern, competitive organization in the world. Establishment of SOCAR Trading SA Company in Geneva in December, 2007 was a significant event from this standpoint. It was not accidental to establish this company in Geneva, Switzerland and start operation since February, 2008. Geneva is one of the business centres in Europe and head offices of most of companies in oil industry, bank and finance spheres are situated in this city. Next successful activity of SOCAR Trading SA Company proved this stepâ€œ.

Statement also says that, owner of SOCAR Trading SA is Supra Holding Limited Company, which SOCAR had 50% equity here, but 80% at present: â€œThere are and were not individuals among the owners of neither SOCAR Trading SA and Supra Holding Limited companies. The persons who were presented as individual owners of SOCAR Trading SA Company are members of Administrative Personnel. Some of them rank high posts in SOCAR Trading SA and SOCAR. About deputy chief executive director of SOCAR Tading SA Company Zaur Gahramanov, he is not owner of company and member of Administrative Personnel. SOCAR Trading SA Company has established its subsidiary companies in different countries to extend its activity and itâ€™s possible to get information about those establishments in the internet site of the companyâ€.

â€œSOCAR Black Sea was established by SOCAR Trading SA and Ukrainian ROSSIM companies to deliver Azerbaijanâ€™s oil products to Ukraine. As it seems, there are not any individuals among the owners of this companyâ€.

At the end, the talk is about purchase of SOCAR the petrol stations network in Switzerland: â€œAt last, as the society knows, SOCAR bought shares of US ExxonMobile Companyâ€™s Esso Schweiz GmbH sector in Switzerland. To carry out this operation, SOCAR Energy Switzerland Holding SA Company was established, which 100% equity belongs to SOCAR. Thatâ€™s owner is SOCAR. Payments for Esso Schweiz GmbH were transferred from SOCARâ€™s account. â€ According to that transaction contract, an alliance contract was signed with Migros Company, which is world-known for retail sale of food products. Other information about this or SOCARâ€™s investments in Switzerland was posted in SOCARâ€™s siteâ€.