SOCAR produced 2.46 million tons of oil from offshore and onshore fields in January-April 2017 as compared to 2.52 million tons in the same period of 2016.
Read More »SOCAR Methanol Eyes to Double Sales in Azerbaijan’s Market
The need to transfer AzMeCo to SOCAR arose due to AzMeCo’s debts to the International Bank of Azerbaijan.
Read More »SOCAR Drilling New Well on Oldest Field in Caspian Sea
SOCAR produced 2.46 million tons of oil at Azerbaijan’s offshore and onshore fields in January-April 2017.
Read More »Russian Companies Interested in Iran-Pakistan-India Pipeline Construction
Russian companies are considering possibility of Iran-Pakistan-India offshore gas pipeline construction.
Read More »SOCAR Launches Water Cooling Installation at Baku Oil Refinery
The Baku Oil Refinery’s modernization is currently underway and it will be completed until 2020.
Read More »SOCAR to Create Another Big Petrochemical Complex in Turkey
About $11 billion of Turkey’s negative trade balance accounts for the petrochemical sector.
Read More »Turkmenistan May Use Central Asia-Center System for Gas Delivery
The Central Asia – Center gas pipeline system can potentially be used to deliver natural gas from Turkmenistan to the countries of Eastern Europe and the CIS.
Read More »SOCAR: Production at Shafag-Asiman Gas Block May Start in 2030
SOCAR and BP signed a contract on the Shafag-Asiman block of fields for a period of 30 years in October 2010.
Read More »TANAP’s 56-Inch Section Practically Complete
TANAP project envisages transportation of gas from Azerbaijan'.s Shah Deniz field to the western borders of Turkey.
Read More »Iran Calls for Resolving Qatar Diplomatic Row Through Dialogue
The Saudi allies. in the meantime. have announced their plan to close air and sea transport links to Qatar.
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