The State Oil Company of Azerbaijan (SOCAR) aims to increase competitiveness in foreign markets, Report informs.
In this regard, the process of transferring enterprises operating in the oil and gas processing and petrochemical industries to the management of SOCAR Downstream Management has begun.
Azerikimya Production Association, Carbamide Plant, Methanol Plant, SOCAR Polymer, gas processing plant will be transferred to the SOCAR Downstream Management.