Baku 17° C
Azerbaijan not to sell its share in TANAP
Energy
- 15 April, 2015
- 13:05
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 15 April. REPORT.AZ/ State Oil Company of Azerbaijan Republic (SOCAR) doesn't intend to sell part of its share in Trans-Anatolian pipeline (TANAP).
Report informs, the Vice-President for Economic Affairs of SOCAR Suleyman Gasimov says: "SOCAR doesn't intend to sell its stake in TANAP. Negotiations in this connection are not maintained".
S.Gasimov said that, SOCAR's share in TANAP project is 58% and, in accordance with relevant intergovernmental agreements, this percentage may not be less than 51%: "If Turkey wants to sell its stake in TANAP, it is their own business".
Author
Latest News
16:23
Museums should enable different cultures to share experiences, ICOM vice president says
Foreign policy
16:19
Modern museums should build dialogue with visitors in understandable language, Carpet Museum director says
Art
16:17
AKTA chief highlights cybersecurity weaknesses in microfinance sector
Finance
16:13
Oman stands for strengthening international anti-corruption cooperation
Other countries
16:09
Azerbaijan has long been a meeting point of cultures, heritage chief says
Cultural policy
16:05
OECD confirms Azerbaijan's compliance with country-by-country reporting rules
Business
16:02
PASHA Capital CEO: Bond guarantees could attract more investors
Finance
15:59
Bosnia and Herzegovina looks to strengthen anti-corruption co-op with Azerbaijan
Foreign policy
15:58
Abas Miskarli: Azerbaijani insurers may allocate just 2–3% of portfolios to risky assets
Finance