28.01.2011 - BOTAS to pay off $1.351 bln debt to Azerbaijan for gas supply by 1st of April
From Abc.az: Turkish pipeline monopoly BOTAS will fully pay off the debt for gas supply from Azerbaijani Shah- Deniz field to Turkish market till the end of March. Today in Baku State Oil Fund of Azerbaijan (SOFAZ)CEO Shahmar Movsumov has reported that total sum of the debt is $1.351 bn. "More than $700 million of it has already been repaid and SOFAZ received $ 138 million. The rest of the debt will be fully paid till the end of March and $165 million more will be received by the Fund",- Sh. Movsumov emphasized..............................................Full Article: Source
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