[ad_1] The Southern Gas Corridor (SGC) ended the first half of 2021 with AZN 39,139,846 in loss, Report says. In January-June 2021, general and administrative expenses stood at AZN 8,193,310, other operating expenditures at AZN 2,118,457, loss on exchange rate difference at AZN 12,020,822. Financial income and expenses, respectively, amounted to AZN 88,697,137 and AZN… Continue reading SGC liabilities fall by 28%
Tag: SGC
IMF: SGC pipeline to boost exports of natural gas, mitigating decline in oil production
[ad_1] Risks to the outlook of the Azerbaijani economy are broadly balanced, although uncertainty about the future of the pandemic remains high, Report informs referring to a report by the International Monetary Fund (IMF) following consultations with the Azerbaijani government under Article IV of the IMF’s Articles of Agreement. “Vaccination is expected to help defeat… Continue reading IMF: SGC pipeline to boost exports of natural gas, mitigating decline in oil production