The State Oil Company of Azerbaijan (SOCAR) has dismissed rumors about repayment of Georgian citizens’ debts.

SOCAR told Report that the rumors on repayment of Georgian citizens’ debts are nothing but a lie and provocation of Azerbaijan’s enemies.

“Azerbaijan’s global brand SOCAR gets revenues from its operations in different countries. Revenues from operations in Georgia, Turkey, Switzerland and other countries made up more than 90% of SOCAR’s total revenues. Of course, SOCAR’s achievements cause anxiety in Azerbaijan’s enemies and they release rumors to violate the tranquility inside the country and commit a provocation,” the company said.

SOCAR does not make any transfers to the Georgian state except for legal taxes.