From StratRisks
''We all know the story. Analyst goes to a far flung location; said
analyst gets told farfetched stories about potential investors coming
into the region. ‘Take it as gospel, honest guv. It’s a dead cert’.
Normally you forget this stuff 10,000 feet above sea level on your
flight back home. By the time you’re a couple of G&T’s down, it’s
all a distant memory. That was my first hunch after hearing interesting
stories in Azerbaijan for the past few days, but the rumours might have
some credible clout given they are coming directly from SOCAR, the State
Oil Company of Azerbaijan.
The assertion: Exxon is coming into Azerbaijan, and expect it to be big in Baku.''
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