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At a SOCAR Türkiye board meeting in Istanbul, the company's goals and projects for the next year were discussed, Report informs via SOCAR Türkiye. The meeting evaluated the company's activities in 2024 and discussed the achievements made.

He emphasized that the cooperation established between SOCAR on behalf of the state and foreign private companies has led to continuous development for more than 30 years: "During this period, Azerbaijan has fulfilled all its obligations, creating a favorable environment for foreign investors.

Đedović Handanović emphasized that the next steps in implementing the joint project will be determined through dialogue between the Ministry of Mining and Energy and energy companies EPS, Srbijagas, and SOCAR.

From the start of commercial production on June 30, 2018, to December 1, 2024, the Shah Deniz-2 project in the Azerbaijani sector of the Caspian Sea has produced 11.5 million tons of condensate and 66.6 billion cubic meters of gas, Report informs, citing the State Oil Company of Azerbaijan (SOCAR).

As we celebrate ACG's 30th anniversary, SOCAR remains dedicated in its commitment to advancing this legacy, delivering value, while achieving innovation and sustainability in the energy sector”.

The State Oil Company of Azerbaijan (SOCAR) has signed a financial agreement with the Italian bank Intesa Sanpaolo, Report informs, referring to the SOCAR. A delegation led by SOCAR Vice President Zaur Gurbanov visited Milan, Italy.

The event was also attended by Izmir Mayor Cemil Tugay, Izmir Deputy Governor Kamil Köten, SOCAR Türkiye CEO Elchin Ibadov, and others. After the speeches, busts of national leader Heydar Aliyev and Türkiye's founder Mustafa Kemal Ataturk were unveiled.

"I myself often refuel at SOCAR stations. I hope for further development of cooperation and for SOCAR's more active participation in oil products processing and bitumen production projects.

This decision was made to ensure SOCAR's controlling rights in the management of the company, which is required for full consolidation of Southern Gas Corridor CJSC's financial results in SOCAR's financial statements.

"SOCAR has always placed great importance on supporting education and scientific research, and we continue our activities in this regard," she said. Mustafayeva highlighted SOCAR's support for sustainability projects through the Baku Higher Oil School's (BHOS) Innovation and Research Center.