ECONOMY


SOCAR, Egyptian State Oil Company (EGPC) sign MOU

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President of the State Oil Company of Azerbaijan Republic (SOCARA) Rovnag Abdullayev who is on a visit in Egypt on November 2 met the Minister of Petroleum and Mineral Resources of this country Tarek El Molla, the press service of SOCAR said

Questions of expansion of cooperation between SOCAR and EGPC, SOCAR’s role in upgrade of the oil industry of Egypt were discussed at the meeting. The sides had comprehensive exchange of views on other joint projects.

Within the meeting, the Memorandum of Mutual Understanding (MOU) was signed by the president of SOCAR Rovnag Abdullaev and the chief executive officer of EGPC Tarik al Hadidi.

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