Baku. Vusal Nabiyev – APA-Economics. A memorandum of understanding (MoU) has been signed between Azerbaijan’s State Oil Company (SOCAR) and Romania’s state-owned company Transgaz, SOCAR told APA.
The document was signed during a meeting of SOCAR President Rovnag Abdullayev with Ramona Nicole Mănescu, a member of the European Parliament, the chairman of the Transgaz Board of Administration, Ion Sterian, and the head of European Funds Accessing and International Relations Division of Transgaz, Chiprian Alich, in Baku July
The sides emphasized that the signing of the memorandum will strengthen the cooperation between SOCAR and Transgaz on the transportation of natural gas and intensify the joint activities on the natural gas markets of the South East Europe and Baltic region.
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