Bank Of Baku

Mukhtar Babayev: Falling oil prices could affect environmental policy in Azerbaijan

Mukhtar Babayev: Falling oil prices could affect environmental policy in Azerbaijan
# 03 November 2008 16:03 (UTC +04:00)
Baku. Elnur Huseynguluyev - APA-Economics. The drop in oil prices could affect the environmental policies of Azerbaijan, said Mukhtar Babayev, SOCAR Vice-President for Environmental Issues.
He said that the price of crude dropped to $60 from $140 a barrel and the falling prices have affected operating income of the company.
“From this point of view, some environmental project may be delayed,” he said.
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