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Wednesday 18 July 2012

Azerbaijan Intends to Build Oil Refinery in Tajikistan


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DUSHANBE (Avesta News Agency) – Tajik Aluminium Company (TALCO) and Azerbaijani company Azeraluminium have signed a cooperation agreement. The agreement was signed during the official visit of President of the Republic of Tajikistan Emomali Rahmon to the Republic of Azerbaijan.

The details of this cooperation are reflected, in particular, in a memorandum on cooperation between TALCO and Azeraluminium. In accordance with the tripartite agreement between TALCO, Azeraluminium and the Socar-Foster Wheeler joint venture, an oil refinery shall be constructed in the south of Tajikistan.

Azerbaijani President Ilham Aliyev has instructed the country’s decision makers to take all necessary measures to ensure the Tajik Aluminium Company (TALCO) with coke and other necessary materials at discounted prices.

Aliyev has expressed interest in developing trade and economic cooperation with Tajikistan. He has also instructed the heads of the relevant structures of the country to consider and examine the investment project of Tajikistan.

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