Tag: SOCAR

STAR refinery decreased Turkey’s account deficit by 800 million dollars in 2019 – Turkey, 27 March 2020

Turkish STAR refinery, a subsidiary of State Oil Company of Azerbaijan (SOCAR), the largest private-sector investor in Turkey, has contributed some 800 million dollars to the reduction of Turkey’s current account deficit in 2019 thanks to its oil production activities. STAR Refinery General Manag Full article available for subscribers of Energy NEWS service (PDF publications, […]

Competition Council to investigate SOCAR’s lease of Aral petrol stations – Romania, 18 March 2020

Romanian Competition Council said that it will launch an investigation into the agreed lease of six petrol stations owned by Romanian company Aral by the State Oil Company of Azerbaijan (SOCAR). The statement from the competition regulator said that in order to determine whether the concentration Full article available for subscribers of Energy NEWS service […]

SOCAR opened another petrol station in Romania – Romania, 07 January 2020

State Oil Company of Azerbaijan (SOCAR) has opened another petrol station in Romania. SOCAR’s 44th petrol station has opened in the city of Craiova, in southwestern Romania, on the highway towards Serbia and Bulgaria. The new station is the first petrol station to be commissioned in this region. The Full article available for subscribers of […]