Bank Of Baku

SOCAR to take over fixed assets of Nakhchivan Gas Operation Service following agency approval

SOCAR to take over fixed assets of Nakhchivan Gas Operation Service following agency approval
# 24 November 2025 17:36 (UTC +04:00)

An agreement has been reached to transfer the fixed assets on the balance sheet of the Gas Operation Service of the Nakhchivan Autonomous Republic to the balance sheet of the Gas Export Department of SOCAR, APA-Economics reports, citing the State Agency for Antimonopoly and Consumer Market Supervision.

In addition, the Agency has also agreed to transfer the fixed assets on the balance sheet of the Gas Operation Service of the Nakhchivan Autonomous Republic to the balance sheet of the "Azerigas" Production Association of SOCAR.

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THE OPERATION IS BEING PERFORMED