Azerbaijani state oil company SOCAR is not going to abandon the purchase of a share in the Greek gas operator DESFA, President of SOCAR Rovnag Abdullayev said. “We won the tender and we’re not going to abandon the deal [with DESFA]”, Abdullayev said. “We don’t talk about appealing to a court, but we will defend…
President of Azerbaijan’s state oil company SOCAR Rovnag Abdullayev took part in the opening of a gas distribution network in Girikhli village of Marneuli region in Georgia. Abdullayev, who was on a visit to Georgia, took part in the event together with the country’s Energy Minister Kakha Kaladze. As many as 259 users have been…
First Shah Deniz 2 platform jacket sail is an important milestone and great achievement, Shah Deniz 2 projects Vice President Ewan Drummond said. “The first jacket sail away is an important milestone and we are pleased to have achieved this as we move towards completion of other areas of the project”, Drummond said. “I take…
Azerbaijani state oil company SOCAR is not in talks with the Russian Gazprom company on gas purchases, President of SOCAR Rovnag Abdullayev said. He said that SOCAR sent offers to the Gazprom, on the basis of which Azerbaijani state oil company could buy Russian gas, but currently no talks were being held. Earlier, Director General…
The Azerbaijani state oil company SOCAR is supplying liquefied natural gas to new buyers. “SOCAR will possibly start “pure trading” in the next five years”, Arzu Azimov, chief executive officer of Geneva-based Socar Trading, said. “Until then it will focus on projects that involve using LNG to generate power in nations from Africa to Southeast…
The Turkish Tekfen Insaat ve Tesisat A.S will conduct the electromechanical work as part of the construction of Star refinery in Turkey, Turkey’s Public Disclosure Platform said in a message. According to the message, the work is planned to be conducted within 17 months. The annual naphtha production volume, used by Petkim (where the Azerbaijani…
Russia’s Gazprom is planning to procure about 15 billion cubic meters of gas from Asia in 2016, Deputy head of Gazprom Export Mikhail Malgin said. Gazprom Export decreased purchase of natural gas from Turkmenistan from January 1, and increased purchase of gas from Uzbekistan. The Uzbek and Russian sides reached agreement on purchase of the…