Head of SOCAR Rovnag Abdullayev told journalists that the activity of the State Oil Company of Azerbaijan (SOCAR) and its projects in Georgia is not pressurized.
He highlighted that SOCAR is an international company, which functions in other countries in accordance with agreements and contracts that meet international standards and legislation which in turn, allows investment protection.
Note that there is a law on investment protection in Georgia and as a result, SOCAR investments in the country are not scowled.
Abdullayev said the investments of SOCAR in Georgia amounts 1 billion dollar, and added that there is also no problem with the new government of Georgia.
After the formation of the new government all the opportunities and favorable conditions will be created for SOCAR to operate.
“Therefore, there is no problem in the operation of SOCAR in Georgia,” Abdullayev said.
Recall that today SOCAR has 30 gas distribution networks in Georgia, as well as a network of gas stations with about 100 units. The company also supplies gas and petroleum products to Georgia.
