Fitch: SOCAR's robust oil proved reserve life of 12 years

Fitch: SOCAR
# 20 May 2021 10:28 (UTC +04:00)

SOCAR's 'b+' SCP takes into account its high leverage, but also its fairly high production (267,000 barrels of oil equivalent (boe) per day) and robust oil proved reserve life of 12 years, APA-Economics reports citing Fitch.

 

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