| Oil and gas |
SOCAR can take part in financing of TANAP
Financing of Trans Anadolu pipeline project considers attraction of financial institutions, chief of SOCAR’s investment department Vagif Aliyev told APA.
To him, SOCAR plans to use domestic financial means of Azerbaijan in financing of the project. Attraction of funds from the sources will depend on conditions.
‘I suppose that SOCAR will also investigate the joint to this project as an investor. In case of positive decision, we would like SOCAR to take part in it, as well. It is an effective project with above 10% annual profitability’, added Aliyev.