Search keyword: Socar

SOCAR President Rovshan Najaf met with the CEO of Russian energy company Gazprom, Alexei Miller, in Moscow, Report informs. The parties discussed the issues of interaction between the companies in the field of natural gas.

In August 2023, ADNOC signed an agreement with SOCAR and the French company TotalEnergies to acquire a 30% stake in the Absheron gas condensate field.

A Memorandum of Cooperation in the field of training and development has been signed between the State Oil Company of Azerbaijan (SOCAR) and the State Tax Service under the Ministry of Economy, Report informs referring to SOCAR and the State Tax Service.

"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%).