SOFAZ allocates $250 mln-loan to SOCAR

SOFAZ allocates $250 mln-loan to SOCAR
# 08 July 2014 11:36 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. State Oil Fund of Azerbaijan allocated $250 mln to the State Oil Company of Azerbaijan in February, 2014, APA reports quoting SOCAR’s consolidated financial statement for 2013.

The loan has been allocated with the interest rate of 2% and will be repaid till March, 2015.

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