According to the head of the Socar Investment Department, Vagif Aliyev, it is currently being considered if the local company from Abu Dhabi would join the project as a third investor.
“Together with Aurora, we have restructured the project. The preparatory works are currently underway and by the end of 2011 we plan to build a terminal with capacity of 340.000 tons”, – said Mr. Aliyev.
SOCAR is represented in the project by his daughter company Socar Trading SA, which forms a joint venture with SOCAR Aurora.