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Thursday, June 26, 2008

SOCAR not intending to be shareholder in Nabucco gas pipeline construction

12 June 2008 - Day.Az - "The State Oil Company of Azerbaijan does not intend to become a shareholder in the Nabucoo gas pipeline construction", SOCAR president Rovnaq Abdullayev told reporters. He said his company may face a number of problems if along with gas supplies it undertakes the shareholding functions. He also noted that this and a number of other issues of Nabucсo project will be discussed at the meeting to be held in Austria in late June.

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