BP Oil International shuts Azerbaijan office
BP Oil International Ltd. has shut down its representation in
Azerbaijan, the Azerbaijan newspaper reported.
The company’s office will have its state registration revoked due to its halting operations in the country, the report said.
According to BP Azerbaijan, the top foreign investor in the country’s oil and gas sector, BP Oil International Ltd. was established to trade in oil products in Azerbaijan, however, the company has not been engaged in active operations to date. Therefore, BP Oil International Ltd. has held only the status of a representation and has employed only one coordinator.
Since running a representation in Azerbaijan was deemed unnecessary, the company decided to close it. *
The company’s office will have its state registration revoked due to its halting operations in the country, the report said.
According to BP Azerbaijan, the top foreign investor in the country’s oil and gas sector, BP Oil International Ltd. was established to trade in oil products in Azerbaijan, however, the company has not been engaged in active operations to date. Therefore, BP Oil International Ltd. has held only the status of a representation and has employed only one coordinator.
Since running a representation in Azerbaijan was deemed unnecessary, the company decided to close it. *
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