SOCAR uses Guneshli’s export revenue to subsidize the company’s less profitable onshore fields.
Read More »SOCAR Signs Deal for Building Bitumen Plant at Baku Refinery
The plant is expected to be commissioned in the second half of 2018.
Read More »SOCAR to Remain a Driver of Azerbaijani Chemical Industry’s Development
The chemical industry is very important for Azerbaijan.
Read More »SOCAR May Take Part in Oil. Gas Projects of Iran
The two countries considered cooperation in the gas trade sphere. implementation of joint projects with third countries. and held wide exchange of views.
Read More »SOCAR Drills New Wells in Caspian Sea
SOCAR drilled 11.150 meters in January 2017. as compared to 9.810 meters in the same month of 2016.
Read More »SOCAR. NIOC Create International Joint Venture
SOCAR suggested proposals to Iran on oil swap and this issue is being considered.
Read More »Belarus will Buy Iran`s Crude
It is the first time Belarus has bought Iranian crude oil.
Read More »SOCAR Drilling Prolific Well in Caspian Sea
SOCAR produced 6.27 billion cubic meters of gas from the country’s offshore and onshore fields using its own funds in 2016.
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