SOCAR is represented in Turkey by its subsidiary SOCAR Turkey Energy.
Read More »SOCAR`s New Petrochemical Investment to Operate by 2023
The gas transmission capacity of the project can be increased to 24 billion cubic meters first and to 31 cubic meters with additional investments later.
Read More »BP and SOCAR Sign New Oil Agreement
BP and the government of Azerbaijan extended their agreement to continue developing the ACG fields until 2050 in a major deal in 2017.
Read More »SOCAR will Establish $1.5 Billion Petrochemical R&D Center in Turkey
The R&.D center will focus on the development of petrochemical products. materials. and energy efficiency.
Read More »Star Refinery will Reduce Turkey`s Diesel Imports to 40%
The total refining capacity of the refinery will be 10 million tons.
Read More »Azerbaijan Ready to Support Maintaining Oil Market Balance
OPEC+ provides main support to the oil market.
Read More »Southern Gas Corridor can Transport Gas from Turkmenistan. Kazakhstan
The Southern Gas Corridor is one of the priority projects for the EU.
Read More »Iran. Azerbaijan Trade amount to $327 in 9 Months
Iran’s exports to Azerbaijan mainly included liquefied natural gas and iron and steel pipes.
Read More »Azerbaijan Considers Increasing Gas Transportation via TANAP in 2019
The volume of gas transportation through TANAP reached 1 billion cubic meters as of 2018.
Read More »Baku will Host OPEC+ Discussions on Impact of Oil Output Cuts on Markets
OPEC and non-OPEC producers reached an agreement in December 2016 to curtail oil output jointly.
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