SOCAR President discusses issues of co-op with UK’s officials

Rovshan Najaf, president of the State Oil Company of Azerbaijan Republic (SOCAR), met with British ambassador to Azerbaijan, Fergus Old, and Emma Thomas, co-chair of the United Kingdom Export Finance Department (UKEF) on global origin, Report informs with reference to SOCAR.

At the meeting, it was noted that cooperation between the two countries in various fields, including the energy sector successfully continue. The long-term and effective activity of British companies in Azerbaijan was noted. The important role of the global energy projects implemented at the initiative of Azerbaijan in the energy security of the region, including Europe, was discussed.

During the conversation, SOCAR's projects implemented in Azerbaijan and various countries, its transformation from an oil and gas company to an international energy company, and other strategic goals defined in the Corporate Strategy until 2035 were informed.

Within the meeting, views were exchanged on renewable energy, fair energy transition, decarbonization, Net Zero, digitization and development of human capital, and other issues of mutual interest.