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Azerbaijani Largest Chemistry Enterprise to Pay off Foreign Credits by 2011

Oil&Gas Materials 14 March 2008 20:00 (UTC +04:00)

Azerbaijan, Baku, 14 March / Trend corr. I.Khalilova / The State company Azerikimya will pay off its credit untill 2011, attracted under the State guarantee of the Japanese Exim Bank for the construction of steam generator complex, as stated in the report presented by the Azerbaijani Government for the results of socio-economic development in 2007.

In 2007, credit payments made up about $8.7mln and AZN 6.7mln were from main debt on credit.

Total sum of payments made up AZN 78mln. There are plans to pay off the remaining debt by 2011 in sum of AZN 24mln.

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