Fitch: SOCAR to boost revenues 500 mln AZN in 2017

Energy
  • 16 March, 2017
  • 07:50
Fitch: SOCAR to boost revenues 500 mln AZN in 2017

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.