Today.Az » Business » Baku and Sumgait Power Networks not to be under control of foreign companies
24 February 2007 [07:10] - Today.Az
Baku and Sumgait Power Networks will not be under control of foreign companies, said Deputy Premier Yagub Eyyubov.
This issue is not on agenda and probably will not be in the nearest future, he noted. He denied the rumours that Russia's RAO UES and Germany's Siemens will control the power networks in Azerbaijan. In late 2006, Azerbaijan terminated the 25-year agreement with Barmek Company who controlled Baku and Sumgait Electricity Networks, APA reports.
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