Azerbaijan’s SOCAR, China’s Export-Import Bank explore energy cooperation
Baku, August 27, AZERTAC
On August 27, Rovshan Najaf, President of the State Oil Company of Azerbaijan (SOCAR), met with a delegation led by Wang Kang, Vice President of the Export-Import Bank of China.
The meeting highlighted the successful development of relations between SOCAR and Chinese companies and financial institutions, noting that significant projects are being implemented to expand cooperation across various areas.
The Chinese delegation was briefed on SOCAR’s projects in Azerbaijan and abroad, as well as projects planned for the future. The meeting also included an overview of projects implemented by the Export-Import Bank of China, a financial institution of the Chinese government, to support overseas investment and international economic cooperation.
The parties discussed opportunities for cooperation in various areas of the energy sector, including oil refining, and exchanged views on issues of mutual interest.
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