SOCAR reveals reasons for suspending carbamide plant construction in Georgia
Thursday, May 14Head of the Investment Department of the State Oil Company of Azerbaijan Vagif Aliyev named the reasons for suspending the construction of the company’s carbamide plant in Georgia.
This decision was made due to the changes in the conditions in the energy market, long-term gas supply and other issues, Vagif Aliyev told Trend May 13.
SOCAR declares with full responsibility that no subjective or other factors affected the adoption of this decision, according to the company representative.
He added that in recent days, media outlets and social networks have spread groundless and untrue speculative information about suspending the project.
Aliyev said that serious work has been carried out on this project for a significant amount of time, but after the aforementioned issues emerged, the project was revised and has been suspended.
It was planned to construct the plant on the territory of the free industrial zone in Kulevi. (Trend.az)