Azerbaijan does not plan niether additional support for its currency, nor the privatization of SOCAR.

The authorities of Azerbaijan in terms of falling prices for its main export product – oil – did not intend to make any additional efforts to support the national currency, or to privatize the state oil company SOCAR - the strategic asset, the Azerbaijani President Ilham Aliyev told RIA Novosti on the sidelines of the Davos Economic Forum.

Oil revenues account for about 90% of the Azerbaijani export.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer