Tag: SOCAR

Gastrans gets 138 million euros capital hike – Serbia, 09 April 2019

Serbian company Gastrans, a joint venture of Srbijagas and Russian Gazprom, has increased its capital by some 138 million euros through a monetary contribution of its sole shareholder – South Stream Serbia, Serbian-Russian joint venture based in Switzerland. According to documents, Gastrans’ Boa Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

STAR refinery to reduce Turkey’s diesel imports to 40 % – Turkey, 22 March 2019

Director General of SOCAR’s STAR refinery Mesut Ilter said that it will help Turkey reduce diesel imports to 40 %. Ilter said that diesel market in Turkey has been growing significantly over the last 10 years. Currently, Turkey meets 60 % of its diesel demand by import, however, with the prod Full article available for […]

SOCAR welcome to take part in the construction of Albania’s gas infrastructure – Albania, 21 March 2019

The Albanian Ministry of Infrastructure and Energy said that the State Oil Company of Azerbaijan (SOCAR) is welcome to take part in construction of the country’s gas infrastructure. According to the Gasification Master Plan, approved last year, several gas infrastructure projects are in developme Full article available for subscribers of Energy NEWS service (PDF publications, […]