BAKU (Reuters) -A former senior executive of Azerbaijani state energy company SOCAR has been placed in pre-trial detention after being arrested on suspicion of undermining state economic security and large-scale misappropriation, a court said.
Adnan Ahmadzada, 47, worked in various top positions at SOCAR, including as the executive director of SOCAR Trading and vice-president of the company’s investments and marketing.
Azerbaijan’s energy sector has been in the spotlight after organic chloride was detected in Azeri crude oil cargoes via the Baku-Tbilisi-Ceyhan pipeline in July.
Loadings resumed after a several-day pause but the scale of the contamination is still unclear. Kazakhstan resumed oil supplies via the pipeline on September 13.
(Reporting by Nailia Bagirova; writing by Vladimir Soldatkin; Editing by Mark Trevelyan)
