SOCAR, UK Trade and Investment co-organize briefing on Azerbaijan`s oil, gas facilities

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London, July 10, AZERTAC

Azerbaijan State Oil Company (SOCAR) and UK Trade and Investment (UKTI) held a briefing on "Azerbaijan`s oil and gas facilities" in London.

Addressing the event, regional director of the Shell Company Campbell Keir highlighted trade and investment opportunities in Azerbaijan, and hailed the country`s rapid development. "Currently, the United Kingdom is the largest investor in the country. The world`s leading companies are investing in Azerbaijan. Extensive trade relations with this country has great importance for the European economy", he noted.

Emphasizing the importance of the event, Azerbaijani Ambassador to the UK Tahir Taghizadeh expressed his gratitude to the organizers.

He highlighted the Azerbaijan-UK relations, and underlined the rapid development of relations between the two countries in energy, political, economic and social fields.

Touching upon Azerbaijan`s energy policy, Mr. Taghizadeh spoke of the "Contract of the Century" signed as a result of a far-sighted policy of national leader Heydar Aliyev. He also highlighted the "Shah Deniz", TANAP, TAP projects.

Head of the British SOCAR office Rufat Efendiyev informed the attendees on the current activities and projects of the Company. Highlighting the cooperation with British companies, Mr. Afandiyev said that BP was main company investing in Azerbaijan.

UKTI`s representative Jacqueline Mullen congratulated Azerbaijan with the high-level organization of the "Baku-2015" first European Games. She hailed Azerbaijan as a country with rapid development and growing economy.

She also made a presentation about Azerbaijan, and spoke of the ways of establishment of trade and business relations for foreign companies and businessmen.

Touching upon the development concept "Azerbaijan 2020: A Look into the Future", UKTI representative stressed the importance of the concept in terms of ensuring the country`s sustainable development.

Orkhan Ismayilov

Special correspondent


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