Uzbekneftegaz expands cooperation with SOCAR

The State Oil Company of Azerbaijan (SOCAR) is considering the expansion of cooperation with Uzbekistan's Uzbekneftegaz company, Report informs, citing the Uzbek company.

According to Uzbekneftegaz, on September 7-9, SOCAR's delegation visited Uzbekneftegaz JSC and its production facilities. The visit was carried out in accordance with the Road map prepared for expanding cooperation in the oil and gas field between Uzbekneftegaz and SOCAR.

During the visit, a presentation was held on the current situation and development prospects of the deep oil and gas processing field in Uzbekistan. Petrochemical projects, including SOCAR's activities, were reviewed during the discussions.

The parties exchanged views on the reforms carried out for the reform, transformation, and digitalization of the corporate management system, as well as the experience gained during such activities.

The members of the delegation visited the production areas of the Uzbekistan GTL plant, the Shurtan gas-chemical complex, and the Shurtan oil and gas extraction department in Kashkadarya province, and got acquainted with the technological capabilities and production processes of the enterprises.

In early July, SOCAR and Uzbekneftegaz signed a road map for joint development of oil fields in Azerbaijan and Uzbekistan, as well as cooperation in renewable energy and digitization projects.