22 January 2019

SOCAR and Georgian signed memorandum

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Memorandum on cooperation signed between SOCAR (The State Oil Company of Azerbaijan Republic) and Ministry of Sport and Youth Affairs of Georgia.

Director General of "SOCAR Energy Georgia" Mahir Mammadov told local media.

According to him, the purpose of signing a memorandum is to develop the sport among the parties: "We cooperate for many years. As a proof of this cooperation, we signed a memorandum with the ministry.

Cooperation is planned for the years of 2016-2017."

M.Mammadov also said that no financial compensation will be paid for cooperation: Yet there is nothing related to financial issues. Perhaps in the future there might be something to discuss. It is simply the memorandum of mutual cooperation. We are one of the largest companies and the largest taxpayers in Georgia. Therefore, we cooperate with large organizations, ministries not with small organizations."

The Director General added that the memorandum would cover different sports.

Notably, the memorandum was signed by SOCAR President Rovnag Abdullayev and Minister of Sports and Youth Affairs of Georgia Tariel Khechikashvili.

2016.06.09 / 12:36
See also

Azerbaijani oil price goes up

Energy chief comments on Russia-Ukraine gas settlement

IMF forecasts 3.5% global economic growth

EC ready to support major transport projects in Azerbaijan

World's 26 richest own same as poorest half of humanity

Azerbaijani currency rates

About 1.3 mln tons of oil exported via Baku-Novorossiysk pipeline

Arab economic summit opens in Beirut

Oil prices continue to rise amid declining US rig count

Weekly review of Azerbaijani currency market

Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla