Azerbaijan approves Hungarian company’s agreement to buy stakes in ACG and BTC

Azerbaijan approves Hungarian company’s agreement to buy stakes in ACG and BTC
  • Clock-gray 15:35
  • calendar-gray 27 February 2020

The Azerbaijani side has approved the agreement of Hungarian company MOL over purchasing of stakes of Chevron company of US at Azeri-Chirag-Gunashli (“ACG”) and Baku-Tbilisi-Ceyhan (“BTC”) pipeline projects, Ibrahim Ahmadov, deputy head of the Public Relations and Event Management Department of the Azerbaijani state oil company SOCAR told APA-Economics

“Azerbaijan has approved the agreement by Hungarian company MOL to purchase the shares of Chevron company of US in the project of development of "Azeri-Chirag-Guneshli. Thus, MOL joined ACG consortium” Ibrahim Ahmadov stated.

Emil Ismayilov

Other news