As a member and participant of PetroBLOQ,
SOCAR will help identify needs and gaps in logistics that are not being addressed elsewhere and collaborate on building solutions aimed at making domestic and cross-border commerce easier, safer and more efficient for oil and gas companies, said the message.
SOCAR exports crude oil belonging to the company as well as to the Azerbaijan state.
Headquartered in Geneva,
SOCAR Trading was incorporated in December 2007 as the marketing arm of the State Oil Company of Azerbaijan Republic (
SOCAR) with a mandate to market Azeri barrels produced from the Azeri-Chirag-Guneshli field and other surrounding fields in Azerbaijan.
SOCAR declined repeated requests for comment from Reuters.
Radio station reported that the issue if
SOCAR Energy Georgia is monopolist at the Georgian gas market has become urgent
SOCAR said that Goldman's involvement in Petlim Port would lead to approval of financing of the project.
The tender procedure on the privatisation of DESFA is over and
SOCAR has started talks with the Greek government,"
SOCAR's President Rovnag Abdullayev told reporters on Saturday.
SOCAR did not comment on the issue, but the ministry said the company was considering creating a joint venture with Libya or implementing the project with its own funds.
SOCAR Georgia Gas Ltd, a specialized subsidiary of Azerbaijan's state oil ompany (
SOCAR) in Georgia, is preparing to start the project to connect the town of Poti to the gas supply, announced this May.
E[acute accent]The Company is party to a memorandum of understanding ("MOU") with
SOCAR which grants the Company the exclusive right to negotiate an ERDPSA for a 600 square kilometer oil and gas block in the Republic of Azerbaijan.
The document was signed by Head of
SOCAR Rovnag Abdullayev and UN Resident Coordinator in Azerbaijan Ghulam Isaczai.
announced today that its joint venture with
SOCAR was awarded a second program management consultancy contract for the Azerikimya Production Union of the State Oil Company of Azerbaijan.
