Azerbaijani President Ilham Aliyev signed a decree on making a change in the decree of the President of the Republic of Azerbaijan No. 844 dated January 24, 2003 “On the improvement of the structure of the State Oil Company of the Republic of Azerbaijan,” reports the official website of the head of state.
According to the Decree, the Board of the Company will consist of 14 members appointed and exempted by President of Azerbaijan: President, First Vice President and 12 Vice-Presidents of the Company.
Earlier, the board of the company consisted of president of Azerbaijan president, the first vice-president and vice-presidents of the company on geology and geophysics, to develop deposits, on economic issues, for processing, investment and marketing, for economic issues Social issues, ecology, personnel, regime and information technology, on strategic development, on the transportation of oil, gas and gas economy.