News Column

Azerbaijan : SOCAR to ratify loan agreements at the end of MAY

May 14, 2014

The president of State Oil Company of Azerbaijan Rovnag Abdullayev stated that they are ready for loan agreements, concerning construction of Star refinery, which have been completed.

He also observed that the deal would be inked at the end of May.

Rovnag Abdullayev further added, Turkish Garanti Bank joined the project and won the tender for the allocation of a large loan. The information of Turkish press on signing of loan agreements regarding Star NEZ was not true .

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Source: TendersInfo (India)

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