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Azerenerji Confirms Loan Amount to Be Repaid in 2007

Oil&Gas Materials 19 October 2006 14:50 (UTC +04:00)

Etibar Pirverdiyev, the President of Azerenerji Joint Stock Company, stated that this year Azerenerji intends to repay $24mln in international credits, Trend reports. Next year it will comprise of $50mln, he stressed.

So far, the company managed to repay $150mln of the total $630mln.

Azerenerji received credit for the construction of a gas-steam rig in Azerbaijan and reconstruction of its infrastructure.

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