SOCAR CEO says major projects on track

摘要

Azeri state-owned SOCAR is pursuing all its major projects despite the current oil price collapse and also plans to bring the firestricken Gunashli platform online by the end of May, CEO Rovnag Abdullayev said. Speaking to journalists, Abdullayev noted SOCAR had been buying back bonds early, including a eurobond in January, and said there was no question of privatizing the company.