Baghlan Group FZCO announced an issue of audited consolidated financial statements for the years ended 31 December 2011 and 2010
Baghlan Group FZCO, a diversified holding with interests in oil & gas exploration and production, trading, construction and transportation in Azerbaijan, announces an issuance of the audited consolidated financial statements for 2010-2011 years prepared in accordance with the International Financial Reporting Standards.
This is the first set of the Group’s consolidated financial statements audited by one of BIG4 companies - KPMG, one of the leading accounting firms in the world. KPMG issued unmodified opinion on the consolidated financial statements of the Group.
Baghlan Group FZCO, a leading holding operating in oil and gas, trading, construction and transportation sectors in Azerbaijan is one of the first private companies in Azerbaijan to enter oil and gas sector and the first private corporation to issue a 3-year debt instrument in the international capital markets. –15D--
Economics
-
The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
-
The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
-
Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
-
Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
Leave a review