The Azerbaijan State News Agency

ECONOMY

SOCAR PRESIDENT MEETS LIBYAN DEPUTY FM

26.11.2008 [15:32]
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President of Azerbaijan State Oil Company (SOCAR) Rovnag Abdullayev met with Mohammad Al Barrani, deputy minister of Libyan Foreign Affairs, the co-chair of a Libya-Azerbaijan intergovernmental commission.

Abdullayev spoke of the history of Azerbaijan`s oil industry and the country`s achievements in this field.

On prospects for energy cooperation between the two countries, he said Azerbaijan is ready to assist Libya in searching for onshore oilfields.

Abdullayev also touched upon a forthcoming meeting of the intergovernmental commission, expressing confidence it will contribute to developing Azerbaijan-Libya relations.

Mohammad Al Barrani, in turn, said Libya is interested in building energy cooperation with Azerbaijan, which he characterized as “the world`s pioneer of oil extraction industry.”