TODAY.AZ / Business

Reforms to be carried out in SOCAR

08 February 2006 [14:51] - TODAY.AZ
The workers' wages raised 25% on February 1, informed Rovnag Abdullayev, the president of State Oil Company of Azerbaijan (SOCAR).

As ANS informs, Mr.Abdullayev added increase in wages will continue in future as well. Speaking about the reforms carried out in the organization SOCAR president said some structural reforms were carried out to accommodate the company to international standards.


All social objects are given to submission of the social office established recently. At the same time, a security office is being formed to protect producing and refining objects of SOCAR. The department of gas was abrogated due to the reforms.

Trading of oil and gas was centered on the Marketing department. The main innovation is in oil trading.

Mr.Abdullayev says that the company will freely sell the company's export and Azerbaijan's profit oil got from Azeri-Chirag oil field. The company plans to establish business center for this purpose. Besides it, the company will also order the tankers to deliver the oil to the consumers.

URL: http://www.today.az/news/business/23030.html

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