SOCAR head meets Deutsche Bank exec
BAKU - Azerbaijan`s state oil firm, SOCAR, president Rovnag
Abdullayev on Thursday met with a delegation led by Juergen
Fitschen, member of Board and Observation Council of German
Deutsche Bank.
Abdullayev praised the current level of cooperation between SOCAR and Deutsche Bank. He said international financial institutions were interested in projects being implemented in Azerbaijan.
"A $80m loan allocated by Deutsche Bank to SOCAR in November 2009 is an evidence of this."
The SOCAR president highlighted the company`s development strategy. Abdullayev said SOCAR attached special importance to cooperation with German energy companies.
Fitschen said there was big potential for cooperating with SOCAR, adding Deutsche Bank intended to further continue the bilateral cooperation.
Abdullayev praised the current level of cooperation between SOCAR and Deutsche Bank. He said international financial institutions were interested in projects being implemented in Azerbaijan.
"A $80m loan allocated by Deutsche Bank to SOCAR in November 2009 is an evidence of this."
The SOCAR president highlighted the company`s development strategy. Abdullayev said SOCAR attached special importance to cooperation with German energy companies.
Fitschen said there was big potential for cooperating with SOCAR, adding Deutsche Bank intended to further continue the bilateral cooperation.
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