A framework document detailing expectations and key assumptions for global economic and energy markets has been presented for the State Oil Company of Azerbaijan (SOCAR) Group, Report informs, citing the SOCAR.
The document was presented by the Chief Economist - Advisor to the President of SOCAR, Ramin Danyarov.
During the event, attended by SOCAR segment managers, extensive information was provided on global economic forecasts, the economic and energy policy environment, trends in financial and capital markets, processes in the oil and gas industry, and potential risks.
The framework document will serve as a reference source within SOCAR for strategic planning, forecasting, financial and budget modeling, risk management, and evaluation of investment projects.