SOCAR to spend $1 billion to upgrade Baku refinery n.a. Aliev

The cost of the industrial modernization of the Baku oil refinery n.a. Aliyev was estimated at $1 billion. That is the sum, announced by SOCAR’s vice president of strategic development T. Gahramanov at the the Caspian European Club Business Forum on May 12, 2016.

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