SOCAR produced 3.71 million tons of oil from Azerbaijan’s offshore and onshore fields in January-June 2017. as compared to 3.78 million tons in the same period of 2016.
Read More »SOCAR. LUKOIL Eager to Acquire Assets in Turkish Market
LUKOIL owns a 10-percent stake in the consortium for the development of the giant Shah Deniz gas field in Azerbaijan.
Read More »SOCAR Plans to Implement Second Petrochemical Project in Turkey
As of today. SOCAR investments in Turkey reached about $19.5 billion. a part of which has been invested in the Star refinery.
Read More »SOCAR: Change in Gasoline Prices to Accelerate Modernization of Oil Refining Industry
Azerbaijan imports Premium gasoline and its free price. as it is known. is quite high in the market.
Read More »Azerbaijani-Iranian Car Plant to Produce First Cars in Autumn
The first cars are expected to be produced at the plant in Neftchala in late September 2017.
Read More »Gazprom. SOCAR Energy Companies CEOs Discuss Gas Supplies to Azerbaijan
The SOCAR is Azerbaijan’s largest oil and gas company and AzMeCo’s activity is focused on petrochemical projects development.
Read More »SOCAR Foreign Investments Near $4.5B
SOCAR is the sole producer of oil products in Azerbaijan.
Read More »Iran Trades Electricity with 4 Countries
Iran is the largest electricity producer in the Middle East with an installed power generating capacity of around 76.000 MW.
Read More »Halliburton Hopes for Further Success in Azerbaijan
Halliburton Co renders services in oil and gas production sphere worldwide.
Read More »SOCAR Methanol Names Reasons Restraining Production Growth
The methanol plant was built by AzMeCo company and is one of the largest investments in the non-oil sector of Azerbaijan.
Read More »