SOCAR declares with full responsibility that no subjective or other factors affected the adoption of this decision, according to the company representative.
He added that in recent days, media outlets and social networks have spread groundless and untrue speculative information about suspending the project.
Aliyev said that serious work was carried out on this project for a significant amount of time, however, after the mentioned issues emerged, the project was revised and it was decided to suspend it.
It was planned to construct the plant on the territory of the free industrial zone in Kulevi.
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