Big project: Azerbaijani entrepreneur to build a plant in Russia


June 17, Fineko/ Azerbaijani businessman Nizami Piriev is to sign a large project in the Russian city of Arkhangelsk, ABC.AZ reports with reference to the Russian press.

The Azerbaijani entrepreneurs will construct a plant for the production of methanol from natural gas.

Investment in the project will total 63 billion rubles or US$867.3 million.

In this regard, Piriyev held a meeting with Viktor Ikonnikov, the deputy governor of Arkhangelsk Oblast.