This is about SOCAR, the Azerbaijan state company which owns 20% of do-nothing power station company Electrogas

Published: November 10, 2014 at 9:05pm

SOCAR

SOCAR has run into problems of scrutiny because of Azerbaijan’s track record. So now we have two Electrogas shareholders with problems: Gasol and SOCAR. Maybe they’ll sort out their mammoth difficulties by Kon Rat’s end-November deadline for giving us a new milestone schedule to which we can hold him.

The poor man has so many problems – thank God he can go home to a supportive wife and the comfort of that strong marriage of which the government Department of Information so thoughtfully told the nation on a Saturday night.




6 Comments Comment

  1. curious says:

    I honestly don’t know how Joseph Muscat can sleep at night.

    Look at this buzullotta:

    http://www.timesofmalta.com/articles/view/20141110/local/still-no-government-replies-on-which-firms-won-356000-digital-hub-contract.543496

    The most transparent government ever.

  2. Tabatha White says:

    Greece is that much closer to Malta and South of Italy.

    So glad the EU has woken up to this.

  3. canon says:

    It is reprehensible how credit rating agencies like Moody’s fail to notice such shortcomings.

  4. ta wied is sewda. says:

    Lehmann brothers were given a positive outlook by rating agencies a few days before they screwed the whole world’s economy.

  5. Gaetano Pace says:

    Tant huma trasparenti it-tenders li lanqas biss jidhru. Tisma ir-risposti tal-ministri fil-parlament u tibda tahseb li dan il-pajjiz qed imexxih il-famuz fatat Casper li konna naraw fi tfulitna fic-cinema u li l-kuntratti qed jinghataw lil Invisible Men li kienu jidhru fit-trailers qabel il-films fis-snin sittin.

    Kollox retro, tant retro, li anke jekk il-Labour jidhol fil-hajt gas mal-pjanca, ser jidhol bir-reverse biex ta’ bilhaqq kollox imur lura bir-reverse flok forward il-quddiem.

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