Baku, April 28, AZERTAC
Nanotechnologies of Azerbaijan`s state oil firm, SOCAR, will be used by Iranian oil companies. SOCAR signed a trilateral protocol of cooperation with Research Institute of Petroleum Industry of National Iranian Oil Company and Iranian Offshore Oil Company in Tehran. The protocol that will see the Iranian firms benefit from SOCAR`s nanotechnologies in production and transportation of oil.
The Iranian companies expressed their interest in benefiting from SOCAR`s experience at a meeting with its vice president Khoshbakht Yusifzade in Baku this February.