A delegation of SOCAR led by president Rovnag Abdullayev paid a working visit to Georgia. The delegation met with Georgian Prime Minister Mamuka Bakhtadze to discuss future cooperation prospects. Abdullayev also attended a business meeting held at the head office of SOCAR Energy Georgia in Tbilisi. Director General of SOCAR …
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Baku to host 4th SOCAR International Caspian and Central Asia Downstream Forum
The 4th SOCAR International Caspian and Central Asia Downstream Forum – Trading, Logistics, Refining, Petrochemicals marking 96th anniversary of national leader of Azerbaijan Heydar Aliyev will be held in Baku on April 22-25. The event will be co-organized by Baku Higher Oil School (BHOS) and Confidence Capital Ltd. (UK). As …
Read More »SOCAR wins concession for first-time construction of electric charging stations at Swiss motorway resting places
SOCAR Energy Switzerland has obtained one of five concessions awarded by the Federal Roads Office (FEDRO) for the construction of 20 fast electric charging stations at Swiss motorway resting places. SOCAR is the only traditional filling station operator to win a concession. The company already operates seven fast charging stations …
Read More »SOCAR Polymer`s becoming fully operational is remarkable event, Azerbaijani President
“SOCAR Polymer`s starting to work at full capacity is a remarkable event,” said President Ilham Aliyev at the inauguration of SOCAR Polymer high-density polyethylene plant in the city of Sumgayit. “There are many plants in the Sumgait Chemical Industrial Park and SOCAR Polymer definitely has a special place among them. …
Read More »SOCAR, KazMunayGas sign MoU in Astana
The State Oil Company of Azerbaijan Republic (SOCAR) and Kazakh National Company KazMunayGas JSC have signed a Memorandum of Understating in Astana. The MoU provides for the upgrade of KazMunayGas-owned floating drilling rig “Satti” in Baku and its utilization in SOCAR`s projects in the Azerbaijani sector of the Caspian Sea. …
Read More »Rovnag Abdullayev: SOCAR’s revenues and budget payments have been steadily increasing
“Despite the price fluctuations we witness in the market, there has been a progressive rise in SOCAR’s revenues and budget payments,” said SOCAR President Rovnag Abdullayev as he commented on the improved profitability of the company. “Following the instructions of President Ilham Aliyev, SOCAR has implemented many important reforms over …
Read More »President Ilham Aliyev attended inauguration of SOCAR carbamide plant in Sumgayit
President of the Republic of Azerbaijan Ilham Aliyev has attended the inauguration of SOCAR carbamide plant constructed in the territory of the Sumgayit Chemical Industrial Park. SOCAR President Rovnag Abdullayev informed the head of state of the work done in the enterprise. President Ilham Aliyev launched the plant. The head …
Read More »SOCAR Energy Ukraine reveals priorities for 2019
SOCAR Energy Ukraine, Ukrainian subsidiary of Azerbaijan’s state oil company SOCAR, plans to open up to eight new filling stations in Ukraine in 2019, the company told Trend. SOCAR Energy Ukraine said that currently the main tendency not only in Ukrainian, but also in European filling stations’ market is the …
Read More »Azerbaijani Taxes Ministry, SOCAR make joint statement
Tax audits, which are being held in the Azerbaijani state oil company SOCAR, are the planned on-site inspections, Trend reports referring to a joint statement made by SOCAR and the Azerbaijani Taxes Ministry on Jan. 10. While commenting on the recent information regarding tax audits in SOCAR, both structures emphasized …
Read More »SOCAR eyes to increase investments in Turkey
The value of investments of Azerbaijan’s state oil company SOCAR in Turkey will reach $19.5 billion, director general of the STAR oil refinery of SOCAR, Mesut Ilter, told the Turkish media Jan. 5, Trend reports. Speaking about current projects, Ilter noted that the STAR refinery (one of SOCAR’s assets in …
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