Bank Of Baku

Rovnag Abdullayev: “SOCAR does not intend to increase equity in Shahdeniz project”

Rovnag Abdullayev: “SOCAR does not intend to increase equity in Shahdeniz project”
# 13 May 2014 11:41 (UTC +04:00)

“As you know, the state established South Caucasus company. SOCAR technically headed this company. However, SOCAR was not be able to continue this project due to low finance. Total asset cost of the company for management of great projects. Therefore, we needed assistance of the state”, he added.  

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