Bank Of Baku

Vice-president: Methanol Copmany may be transferred to SOCAR by year-end

Vice-president: Methanol Copmany may be transferred to SOCAR by year-end
# 15 September 2016 10:10 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. “By the end of this year, Azerbaijan Methanol Plant (AzMeCo) may be transferred to the State Oil Company of Azerbaijan (SOCAR)”, SOCAR vice-President Suleyman Gasimov said on Sept. 15.

 

According to him, SOCAR is waiting for decision of the court: “According to the decision, the company will be transferred to Agrarcredit (a non-bank credit institution). Thereafter, it will be sold to SOCAR through action”.

 

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