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SOCAR President receives Deputy Oil Minister of Iran

On November 29, SOCAR President Rovnag Abdullayev held a meeting with Iranian delegation led by Amir Hossein Zamaninia, Deputy Oil Minister for International Affairs.
SOCAR President Mr. Abdullayev mentioned that Azerbaijan and Iran had recently extended relations in various spheres of economy. According to him, Azerbaijan and Iran succeeded in intensifying dialogue in the development of cooperation between the oil and gas companies of the two countries, and reciprocal visits played an important role in this process. Touching upon SOCAR's relations with Iranian companies, Mr. Abdullayev spoke about existing partnership relations and noted their expansion opportunities.

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SOCAR hosts Uzbek Deputy Prime Minister and Chairman of Uzbekneftegaz Board of Directors Alisher Sultanov

On November 17, a meeting was held between SOCAR President Rovnag Abdullayev and Uzbek Deputy Prime Minister, Chairman of Uzbekneftegaz Board of Directors Alisher Sultanov.
Welcoming the guest, Mr. Abdullayev congratulated him on his appointment as Deputy Prime Minister of Uzbekistan and wished him greater success in his new position.

In turn, Uzbek Deputy Prime Minister and Chairman of Uzbekneftegaz Board of Directors Alisher Sultanov expressed satisfaction with his visit to Azerbaijan again and noted that Uzbekistan was interested in full use of existing opportunities for development of bilateral relations with fraternal Azerbaijan in all spheres. He spoke about the meeting with Azerbaijani President Ilham Aliyev and said that the Azerbaijani head of state underlined importance of increasing efforts to boost cooperation with Uzbekistan in the fields of energy, transport, trade, and other spheres.

Stressing that SOCAR is a native company for Uzbekneftegaz, A. Sultanov described the ongoing successful cooperation between the two companies as an example of genuine brotherhood.

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BTC transported 2.2 mln tons of Azerbaijani oil in October

2 mln 268 thousand 672 tons of Azerbaijani oil were transported via BTC main export pipeline in October 2017.
22 mln 595 thousand 463 tons of oil were transported via this pipeline in January-October. In general, 344 mln 133 thousand 525 tons of oil have been pumped to BTC since the start of pipeline exploitation until November 1, 2017.

In addition, overall 545 thousand 988 tons of Turkmen oil were pumped via BTC in October 2017.

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Above 1.9 mln tons of Azerbaijani oil delivered from Ceyhan Port to world market in October 2017

1 mln 895 thousand 356 tons of Azerbaijani oil were delivered from Ceyhan Port to the world market in October 2017.
(1 mln 201 thousand 814 tons of this volume were the oil of the State Oil Fund of the Republic of Azerbaijan). 21 mln 036 thousand 310 tons of oil were exported from Ceyhan in January-October this year. In general, 340 mln 870 thousand 909 tons of Azerbaijani oil have been exported from Ceyhan Port to the world market since the start of BTC exploitation until November 1, 2017.

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The State Oil Company of Azerbaijan… at a glance

Discover SOCAR

The State Oil Company of the Azerbaijan Republic (SOCAR) is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate.

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International ratings

When investors and credit organizations wish to cooperate with any company, first of all the international rating of the company in discussion is reviewed.

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