NEWS FEED
Zoom
TOP 5

SOCAR ready for negotiations with foreign investors on gas refinery complex


SOCAR’s activity is not limited by oil and gas production and transportation, SOCAR President Rovnag Abdullayev said at the 25th Caspian Oil and Gas Conference.

 

According to him, Azerbaijan’s hydrocarbon reserves are important stimulus for development of refinery and chemical industry: ‘Today, SOCAR is increasing its revenues from oil and gas industry. Projects in this direction will be integrated with existing industrial enterprises and their effectiveness will be increased’.

 

Abdullayev noted that new Gas Refinery Complex is planned to be built: ‘Natural gas, especially associated gas will be treated from carbon gas. We are ready for negotiations with new partners showing interest in this project’. 

Related news releases

VİDEO NEWS

PHOTO NEWS

  • Baku: No Azerbaijani nationals among Japan earthquake victim...
  • Armenia violates ceasefire 83 times
+2
EXCHANGE RATE
FOREX
/ 19 June, 2018

USD
1.7
 
EUR
2.0067
 
RR
0.0272