“Considering Oltchim’s current situation, I don’t think the SOCAR management has a positive stance concerning this project,” Karimov told MEDIAFAX Friday.
The Romanian Government offered to sell Oltchim to SOCAR last year. The Romanian chemical plant has been insolvent since January 2013.
Romania expects bids for Oltchim’s assets, assessed at EUR305.24 million, by the end of January.
Romania failed to privatize the chemical plant in 2012.
SOCAR operates on the Romanian fuel distribution market and has 22 gas stations. It plans to reach 300 gas stations countrywide in a few years.