Tag: Azerbaijan

Bulgaria and Azerbaijan agreed on gas deliveries from 2020 – Bulgaria, 29 September 2016

Bulgarian Ministry of Energy announced that during the fourth intergovernmental committee held in Baku, Bulgaria and Azerbaijan agreed on Azeri gas deliveries for Balkan gas hub that will start from 2020. Deputy Minister of Energy Zhecho Stankov, who was part of the Bulgarian delegation in Baku, said that Azerbaijan is also interested in Bulgaria’s gas […]

SOCAR to extend a letter of guarantee for DESFA acquisition – Greece, 27 September 2016

The Office of Greek Prime Minister Alexis Tsipras announced that the State Oil Company of Azerbaijan (SOCAR) has agreed to extend a letter of guarantee for its acquisition of Greek natural gas transmission system operator DESFA. SOCAR’s letter of guarantee was due to expire at the end of September, and the company previously said that […]

SOCAR interested in entering Bulgarian oil products market – Bulgaria, 21 September 2016

Head of SOCAR Balkan, a subsidiary of the State Oil Company of Azerbaijan, Murad Heydarov said that the company is interested in entering the Bulgarian oil products market. Heydarov noted that SOCAR is already holding talks with Bulgarian officials and the company believes that Bulgarian market is very promising. According to him, this is a […]