SOCAR Seeks To Cooperate in Refining in Switzerland

May 12, 2010
The Azerbaijan state oil and Gas company (SOCAR) is conducting negotiations with Swiss officials on cooperating in refining in the country, reports.
According to the news agency, the director of the Swiss Federal Office of Energy Walter Steinman said the issue had been discussed on May 11 during a meeting of the Swiss-Azerbaijan interparliamentary group attended by SOCAR President Rovnag Abdullayev.
"Specifically, Abdullayev said SOCAR is interested in investing in refining in our country. We are inviting SOCAR to invest in refining capacity", Steinman said.
He also noted that 39 percent of oil imported to Switzerland came from Azerbaijan.
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