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Апрель
2016

SOCAR disclosed information about gas transportation sector to investors

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In 2015 State Oil Company of Azerbaijan (SOCAR) has spent over 350 million AZN for construction and major repair of the gas distribution network, reads the government’s report, which was released in March for the investors to attract money into the Southern Gas Corridor (funding SOCAR’s share).

According to the report, the funds have been spent to build over 12,000 km of gas pipeline, three measuring junctions, five gas distribution stations and three modular hydraulic power statio ........