Bank Of Baku

SOCAR never reduce share in Petkim below 51%

SOCAR never reduce share in Petkim below 51%
# 01 June 2016 11:55 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. SOCAR will never reduce its share in Petkim below 51%, SOCAR Turkey Energy CEO Zaur Gahramanov said.

 

“We currently have 56-57% share in Petkim. SOCAR’s share will never reduce below 51%. We regularly buy and sell shares. As the shares become more expensive now, we sell a part of them and direct to financing of our projects”, he said. 

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