Following the Italian company Eni, the State Oil Company of Azerbaijan Republic (SOCAR) has also decided to implement a price cap to prevent increases in gasoline and diesel prices across the network of its subsidiary, Italiana Petroli (IP), Italian Prime Minister Giorgia Meloni announced on the social media platform X, APA reports.
"This is an important signal of attention to Italian families, confirming that it is possible to make a concrete contribution to containing the rising cost of fuel.
I wish to thank the President of Azerbaijan, Ilham Aliyev, for this gesture of attention that strengthens our cooperation, and the president of Socar, Rovshan Najaf.
The Government will continue to work to support families and protect their purchasing power, especially in this such complex international phase," noted Italian PM.
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