Baku. Agshin Rafigoglu - APA-Economics. SOCAR will attract $AZN100 million from the International Bank of Azerbaijan for gasification, Vice-President Suleyman Gasimov said on Sept. 15.
According to him, the period of loan will make 10 years.
“After devaluation, it’s needed additional AZN 100 million. Moreover, attraction of AZN 98 million loan is still remaining unsolved. Totally, AZN 472 million is needed for gasification. We’ll attract this loan either this year or next year. This will depend on banks’ financial situations”, he said.