BP: Falling oil prices won't affect projects implemented in Azerbaijan

Baku, December 17, AZERTAC Falling oil prices will not affect the implementation of projects carried out in Azerbaijan, BP said. BP is not intended in stopping the projects implemented in Azerbaijan. 'This includes both long-term projects, and short-term as well as social projects,' said the head of Public Relations Department at BP Azerbaijan Tamam Bayatli. SOCAR has identified a number of measures aimed to preserve financial stability and optimize the company`s expenses due to the prolonged fall in oil prices.