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11.04.2014 Socar Turkey LNG receives license to trade in Turkey

Socar Turkey LNG has received a license for the purchase and sale of liquefied gas in Turkey, as well as for liquefied gas import and natural gas export, a message posted on the website of Turkish Energy Market Regulatory Authority (EPDK) said, Trend reported on April 10

11.04.2014 More contracts signed under Shah Deniz project in Azerbaijan

The consortium for the development of the Shah Deniz gas condensate field in the Azerbaijani sector of the Caspian Sea has signed a contract with the consortium consisting of BOS Shelf LLC, Saipem Contracting Netherlands B.V.

04.04.2014 Azerbaijan’s SOCAR commissions new well at underground gas storage facility

State Oil Company of Azerbaijan Republic (SOCAR) commissioned a new well at the Garadagh onshore field, according to a message from SOCAR, Trend reported on April 3.

03.04.2014 Azerbaijan’s SOCAR to continue developing business in Ukraine

The State Oil Company of Azerbaijan (SOCAR) intends to continue developing its business in Ukraine, despite unstable political and economic situation in this country, SOCAR office in Ukraine told Trend on April 2.

01.04.2014 Azerbaijan’s SOCAR begins drilling new exploration well in Nakhichvan

SOCAR has begun to drill a new exploration well at the Nekhrem salt field in Nakhichvan. The projected depth of the new well No 4 at Tumbul block is 580 meters, said SOCAR.

01.04.2014 Azerbaijan’s SOCAR to set up new platform in Caspian Sea

Azerbaijan's state energy company SOCAR is planning to set up a new platform at the Darwin Bank field in the Azerbaijani sector of the Caspian Sea, Azernews reported on March 31.

27.03.2014 Turkish Turcas Petrol to sell share in Star refinery

Turkish Turcas Petrol Company, the participant of the Star oil refinery of Azerbaijan's state energy company SOCAR, started negotiations on selling its share in the project, Azernews reported on March 26.

25.03.2014 Oil, gas account for 95% of Azerbaijan’s export in 2013

Azerbaijan exported around $30.7 billion worth of oil and oil products in 2013 or 5.6 percent less compared to 2012, according to the balance of payments published by the country's Central Bank, Trend reported on March 25.

19.03.2014 Azerbaijan’s SOCAR to improve welding technologies

Azerbaijan's state energy company SOCAR conducts active work on the development of advanced welding technologies, which are the important component of the oil and gas sector, Azernews reported on March 19.

13.03.2014 Azerbaijani’s SOCAR unaffected by Ukrainian crisis

The political crisis in Ukraine hasn't affected the work of the State Oil Company of Azerbaijan (SOCAR) in this country, a senior representative of SOCAR told journalists on March 12 in Baku, Trend has reported.