Fitch: SOCAR to boost revenues 500 mln AZN in 2017

Namig Huseynov
Author

16 March 2017 / 07:50

Baku. 16 March. REPORT.AZ/ “We expect the State Oil Company of Azerbaijan Republic (SOCAR) to increase oil output by 4.7%.”

Report informs, Fitch international rating agency expert Maxim Edelson told.

According to him, it will allow SOCAR to gain 500 mln AZN additional income and improve financial capacity.

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