Washington: ‘I’m sure the Memorandum of Cooperation between Exxon and SOCAR will result in a substantial project,’ said President of Azerbaijan Ilham Aliyev in an interview with the Azerbaijani press in Washington, APA reports. ‘There is a high probability of a big oil discovery in Azerbaijan,’ the head of state emphasized.
According to Azeri-Press News Agency, President Ilham Aliyev noted that Exxon has extensive experience working in Azerbaijan. The President expressed confidence in the future of the project by stating, ‘We believe in the future of this project. If we didn’t believe, we wouldn’t have participated in the signing ceremony.’