Search keyword: SOCAR
"In May, spot gas supplies to Türkiye's gas distribution networks will be provided by BOTAS from the entry point of Kiyikoy and SOCAR Enerji Ticaret A.S.
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.
The ambassador stressed the importance of resuming LNG supplies by the State Oil Company of Azerbaijan (SOCAR) to Pakistan, along with mutual investments in energy and IT, which would contribute to the economies of both countries.
Today, AIH manages 11 enterprises, such as SOCAR, ADY, AZAL, ASCO, AzerGold, etc.
On 16 April 2024, the State Oil Company of Azerbaijan Republic (SOCAR) and ACWA Power, from the Kingdom of Saudi Arabia, signed a Cooperation Agreement focused on Green Fertilizers, Report informs via SOCAR.
On November 15, 2023, a contract was signed between the State Oil Company of the Azerbaijan Republic (SOCAR) and the Serbian state-owned natural gas provider, Srbijagas on the supply of Azerbaijani gas to Serbia, starting from 2024.
ACG participating interests are: bp (30.37%), SOCAR (25.0%), MOL (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), and ONGCVidesh (2.31%).
SOCAR Midstream Operations LLC (a subsidiary of Azerbaijan’s state oil company SOCAR) has been shortlisted for an ICA Compliance Award Small Compliance Team of the Year (<5 team members) – Non-Financial Services, Report informs referring to SOCAR Midstream.
But he stressed “certain projects” did not depend on SOCAR, but rather the European customers. “The decisions in Europe should be made by the Europeans.”
"We do have to recognize that OPEC has been doing a good job in managing oil prices in the last few years," the acting head of Socar Trading, Taghi Taghi-Zada, told the FT event. "So with the price at $90/b, they might be interested in acting in line with that and maintaining the price.