GOVERNMENT OF AZERBAIJAN MUST PAY TO BARMEK AZERBAIJAN ABOUT $50 MILLION DEBT, COMPANY STATES
The Ministry of Economic Development held monitoring of mutual settlements with the Barmek Azerbaijan company (the operator of the energy distribution network of Baku and Sumgaiyt), president of Barmek Azerbaijan Husseyn Arabul told Trend exclusively.
According to him, at the result of the monitoring it was found out, that the company has debts to Joint Stock Company Azerenerji for the electrical power supplied in the amount of 85 billion AZM ($18,4 million). В"However, the government owes the company (to Barmek) 225 billion AZM ($48,9 million). It is the data from the Ministry and I have nothing to comment onвЂќ, he said.
It should be noted, according to JSC Azerenerji the debts of Barmek Azerbaijan to JSC exceed 102 billion AZM ($21,6 million).