SOFAZ EXECUTIVE DIRECTOR ATTENDS NATIONAL OIL & GAS FORUM IN GHANA

28.02.2008 [14:22]
Executive Director of Azerbaijan State Oil Fund (SOFAZ) Shahmar Movsumov attended the National Oil and Gas Forum held in Ghana capital Accra from 25 to 26 February. In his speech, Mr. Movsumov updated the ...

SOCAR CHIEF MEETS WITH US COORDINATOR FOR EURASIAN ENERGY DIPLOMACY

26.02.2008 [12:32]
President of the State Oil Company of Azerbaijan Rovnag Abdullayev, met Monday with US Coordinator for Eurasian Energy Diplomacy Steven Mann. Mann said he is happy to return to Azerbaijan in a new capacity. As part of his regional visit, after ...

SOCAR DELEGATION VISITS USA TO GET FAMILIAR WITH OIL MUSEUMS’ EXPERIENCES

22.02.2008 [17:33]
Azerbaijani delegation led by Khalig Mammadov, the Human Resources and IT Vice President of the State Oil Company of Azerbaijan (SOCAR) visited USA to get familiar with the experiences of the oil museums functioning in the world countries in the hope of developing a similar ...

UK`S GLENCORE ENERGY UK LTD WINS SOCAR`S TENDER

22.02.2008 [17:24]
The State Oil Company of the Azerbaijan Republic has announced that UK`s Glencore Energy UK Ltd has won a tender for export of 615 thousand barrels of REBCO crude from Novosossiysk seaport on March 25-27 ...

SOCAR ANNOUNCES REBCO CRUDE EXPORT TENDER

20.02.2008 [21:48]
The State Oil Company of Azerbaijan has announced a tender for export of 615 thousand barrels of REBCO crude from Novorossiysk seaport on March 25-27. The results of the tender will be released on February 22 ...

SOCAR ANNOUNCES REBCO CRUDE EXPORT TENDER

20.02.2008 [21:47]
The State Oil Company of Azerbaijan has announced a tender for export of 615 thousand barrels of REBCO crude from Novorossiysk seaport on March 25-27 ...

TWO SHIPS OF CASPIAN SEA OIL FLEET PUTS INTO OPERATION

19.02.2008 [12:36]
Passenger ship “General Asadov” and derrick ship “Uluchay” that belong to the Caspian Sea Oil Fleet of the State Oil Company of the Republic of Azerbaijan (SOCAR) were put into operation after repairs were completed ...

SOFAZ EXECUTIVE DIRECTOR MEETS NGO COALITION MEMBERS

18.02.2008 [21:21]
Shahmar Movsumov, Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) met on February 18 with members of the NGO Coalition “To Improve Transparency in the Extractive Industry” (ITEI). During the meeting, the Executive Director ...

NEW PETROCHEMICAL COMPLEX TO BE BUILT IN AZERBAIJAN

17.02.2008 [17:36]
Construction of a new petrochemical complex will start in Azerbaijan next year, said president of the country`s state oil firm, SOCAR, Rovnag Abdullayev. He said the construction of the complex was ordered by President Ilham Aliyev ...

SOCAR INCREASES BUDGET PAYMENT

17.02.2008 [15:25]
Azerbaijan`s state oil company, SOCAR, said it transferred AZN 92,712,000 in taxes to the State Budget in January recording a 80.4 percent increase for the same period last year ...

COMMISSION ON EITI CONVENES MEETING

15.02.2008 [22:58]
The Commission on the Extractive Industries Transparency Initiative (EITI) held its meeting Friday at the State Oil Fund of the Azerbaijan Republic ...

APSHERON INVESTMENTS LTD BECOMES PARTY TO MOU ON EITI IN AZERBAIJAN

13.02.2008 [21:11]
The Apsheron Investments Ltd, the newly established company, signed on February 6 the Memorandum of Understanding on the Extractive Industries Transparency Initiative in Azerbaijan. By signing the document ...

SOCAR DELEGATION INVESTIGATES USA OIL MUSEUMS

13.02.2008 [18:54]
The State Oil Company of Azerbaijan Republic (SOCAR) has sent a delegation to the USA to study experience of oil museums throughout the world. The delegation, headed by SOCAR Vice-President on personnel, regime ...

ONE MORE COMPANY IN AZERBAIJAN JOINS EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE

13.02.2008 [16:38]
Absheron Investment Ltd has joined Mutual Memorandum of Understanding regarding Extractive Industries Transparency Initiative (EITI) in Azerbaijan. Now, the number of companies joined the EITI reached 26 ...

ABOUT 2.7m TONS OF AZERI OIL DISPATCHED FROM CEYHAN IN JANUARY

10.02.2008 [16:21]
State Oil Company of Azerbaijan (SOCAR) said 2,611,376 tons of Azerbaijani oil was sent from the Turkish port of Ceyhan to world markets in January. According o SOCAR, since the commissioning of ...

BTC TRANSPORTED ABOUT 2.9m TONS OF OIL IN JANUARY

10.02.2008 [16:20]
Azerbaijan`s state oil firm, SOCAR, said the Baku-Tbilisi-Ceyhan oil pipeline transported 2,877,793 million tons of Azeri oil last month. According to SOCAR, since commissioning ...

SOFAZ EXECUTIVE DIRECTOR MEETS AMBASSADOR OF SWITZERLAND TO AZERBAIJAN

07.02.2008 [11:12]
Shahmar Movsumov, the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) met with the ambassador of Switzerland to Azerbaijan Alain Guidetti. During the meeting, Mr. Movsumov updated the guest on the activity of the State Oil Fund ...

SOCAR’S RESERVE OF FUNDS ON RISE

07.02.2008 [11:11]
As of February 1, 2008, the reserve of wells of the State Oil Company of Azerbaijan reached 6.145 with the exception of operating and joint companies. Of them, 4.866 are operational and 1.270 inactive. 9 of wells are ready for the development ...

GERMAN ENERGY COMPANY RWE JOINS NABUCCO PROJECT

07.02.2008 [11:05]
Nabucco Gas Pipeline International Ltd., an international consortium planning and constructing one of the most important European infrastructure projects for securing natural gas supply, announced today that German RWE Gas Midstream had joined as the ...