Tag: SOCAR

SOCAR plans huge investment in Turkey’s gas storage capacity – Turkey, 23 October 2019

Director General of SOCAR AQS, Azerbaijani integrated drilling and well services management company, Ramin Isayev said that the company will dig 40 wells to expand the storage capacity at the Lake Tuz underground gas storage facility. Currently, the facility can store 600 million cubic meters of Full article available for subscribers of Energy NEWS service […]

SOCAR to start construction of petrochemical complex in the first half of 2020 – Turkey, 09 August 2019

CEO of SOCAR Turkey Energy, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), Zaur Gahramanov said that the company plans to lay the foundation of the Mercury petrochemical complex in Turkey in the first half of 2020. Gahramanov said that with the commissioning of this enterprise, Turk Full article available for subscribers of […]

SOCAR completed the acquisition of EWE Turkey – Turkey, 18 June 2019

Turkish subsidiary of the State Oil Company of Azerbaijan (SOCAR) signed a final agreement with EWE Turkey Holding on the acquisition of the subsidiary of German EWE for an undisclosed sum. Turkish regulatory authorities already approved the acquisition. In January, SOCAR said that it has acquire Full article available for subscribers of Energy NEWS service […]