An oil company under liquidation in Azerbaijan


November 23, Fineko/ Aran Oil Operating Company, which operated within the framework of Muradkhanli-Zardab-Jafarli field project, is being liquidated.
ABC.AZ reports that Baker Tilly’s representative has been appointed the liquidator. Aran Oil Operating Company was established by SOCAR. The goal was to implement the agreement on the restoration, exploration, development of the block, including the Muradkhanli, Jafarli and Zardab oil fields, and production sharing.