ECONOMY


SOCAR: Contract with Zenith Energy is ready for signing

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Baku, October 30, AZERTAC

“The State Oil Company of Azerbaijan Republic – SOCAR’s contract with Canada’s Zenith Energy on development of oil fields in Muradkhanly, Jafarly, Zardab oil deposits is ready. Azerbaijani government has already gave related permissions on this issue. Currently, the last arrangements related with the contract are held,” SOCAR President Rovnag Abdullayev told the journalists.

“Muradkhanly is a very difficult oil deposit, and has some problems,” Rovnag Abdullayev added.

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