ECONOMY


SOCAR, Itochu Oil Exploration Co., Ltd. sign MoU

Baku, February 22, AZERTAC

The State Oil Company of the Azerbaijan Republic (SOCAR) and Japan’s Itochu Oil Exploration Co., Ltd. have today inked a Memorandum of Understanding on scientific and technical cooperation.

Prior to the signing ceremony, SOCAR leadership met with a Japanese delegation, who are in Baku to attend the 9th meeting of Azerbaijan-Japan Economic Committee.

Addressing the meeting, SOCAR Vice President for Field Development Yashar Latifov hailed the activities of Japanese companies in Azerbaijan.

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