SOCAR Trading and Romania’s Romgaz S.A. signed the agreement on gas transportation up to one billion cubic meters of gas from Azerbaijan to Romania in 2023-2024 at the Southern Gas Corridor Advisory Council on February 3, 2023. The new contract will come into force on April 1, 2023 and expands […]
The Azerbaijani state oil company (SOCAR) and the United Arab Emirates company MASDAR signed an agreement to develop 4 gigawatts of wind and solar power plants in Azerbaijan during Sustainability Week in Abu Dhabi. However, this is only a short-term project. Medium-term projects will make it possible to increase capacity […]
The delegation of the State Oil Company of the Republic of Azerbaijan (SOCAR) participated in the annual meeting of the Steering Committee of the Global Gas Flaring Reduction Partnership (GGFR) organization, which was held in London, United Kingdom, on October 25th. At the meeting, participants were informed about a number […]
On 1 October, the opening ceremony of the Interconnector Greece-Bulgaria (IGB) gas pipeline took place in Sofia, the capital of the Republic of Bulgaria. Bulgarian President Rumen Radev welcomed the President of the Republic of Azerbaijan Ilham Aliyev and the heads of state and government of other countries. The gas […]
At the end of 2020 the Trans-Adriatic Pipeline (TAP) was put into operation. Since 31st December 2020, natural gas from Azerbaijan has been delivered to Europe via the TAP pipeline, which went into operation on 15th November 2020. In the current year, a total of 11 billion cubic metres of […]
“We will double the amount of gas supplied from Azerbaijan to the European Union,” said EU Commission President, Ursula von der Leyen, in a press statement after her meeting with Azerbaijani President, Ilham Aliyev, in Baku on 18th July. The EU Commission President drew attention to the fact that the […]
The Baku Energy Forum ran from June 2nd to June 04th, 2022 at the capital’s Congress Center. The Forum, held within the framework of the Baku Energy Week, focused on global energy prospects, opportunities for development and extraction of energy reserves in the Caspian region, financing the transition to green […]
On 28 April 2022, delegations from SOCAR and Uniper met in Baku as part of the 7th meeting of the Coordination Committee between the State Oil Company of the Republic of Azerbaijan (SOCAR) and the German energy company Uniper. First Vice President and Acting President of SOCAR Rovshan Najaf discussed […]
The meeting with the Committee on Eastern European Economic Relations focused on gas supply capacities and future hydrogen use. Under the motto “Azerbaijan beyond Oil and Gas”, representatives of German companies met for a working breakfast with Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan, on the sidelines […]
On February 23, SOCAR’s First Vice President and acting President Rovshan Najaf met with a delegation led by the President of the World Economic Forum Børge Brende. The meeting focused on the development of existing relations and prospects for cooperation between SOCAR and the World Economic Forum, as well as […]