SOCAR"S activities to be studied and evaluated using public opinion polls
Caspian Energy International Media Group company registered in UK is going to start global research to draw up rating of state and transnational oil and gas companies.
Press release of the Caspian European Integration Business Club (CEIBC) reads that the first research will be devoted to the State Oil Company of Azerbaijan (SOCAR). The research will be done by two methods - public opinion poll of population and inquiry of experts of the oil and gas industries as well as subscribers of Caspian Energy in 50world countries.
The poll will be held in all countries where SOCAR is present as well as in the countries, where the company is going to implement wide-scale projects.
"During the research we plan to study all positive and negative aspects of oil and gas, social, environment, economic, international and other SOCAR's activities, objective and subjective problems, which partners, contractors and sub-contractors working with SOCAR in the projects are facing, as well as study the possibility of SOCAR's joining IPO," the press release reads.
The research will be held from September 3, 2012 to June 3, 2013 and its results will be submitted every month in form of subscription in two variants - exclusive and standard.-0-
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- Politics
- 25 July 2012 11:43
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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