TODAY.AZ / Business

Azerbaijan not satisfied with RusAl demands

15 November 2006 [11:34] - TODAY.AZ
The privilege Russian aluminum giant RusAl wants doesn't satisfy the Government of Azerbaijan, Economic Development Minister Heydar Babayev said.

"We will today send answers to the inquiries of the Company. RusAl wants more privileges. We reiterate our position in the answer. I think, in this case, the investment project doesn't satisfy our interests," he said.

As to the privileges, Mr. Babayev said RusAl wants electrical energy at half prices, but it is not acceptable, APA reports.

"We can undertake to keep the electricity prices at the fixed level only for a certain period of time. The land can be sold to the Company on the stipulation that it will remain the state-owned land," he underscored.

URL: http://www.today.az/news/business/32604.html

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