SOCAR and KazMunayGas discuss expanding Kazakh oil transit via Azerbaijan

SOCAR and KazMunayGas discuss expanding Kazakh oil transit via Azerbaijan
Photo: Azernews

SOCAR President Rovshan Najaf met with KazMunayGas Chairman Askhat Khasenov to discuss expanding the transportation of Kazakh oil through Azerbaijan and strengthening cooperation across various areas of the energy sector. The sides highlighted the successful development of strategic relations between Azerbaijan and Kazakhstan, including in the energy sector.

They also reviewed progress under the Strategic Cooperation Memorandum signed between SOCAR and KazMunayGas in 2024, with a focus on expanding cooperation in transporting Kazakh oil through Azerbaijan and exploring further partnership opportunities.

The two sides last met on June 1 during Baku Energy Week, where they discussed the ongoing transportation of Kazakh oil through Azerbaijan, joint investment opportunities in third countries and other areas of mutual interest.

Follow us on Telegram @weareturks_news_en

This story was automatically summarised and translated from Azernews. All rights to the story belong to its source.

Related news

Uzbekistan
Energy

Uzbekistan's Bukhara oil refinery to be modernised for $328 million

Uzbekistan's Bukhara oil refinery is set to be modernised under a project worth $328 million, which was presented to the head of state. According to Kun.uz, the plant produced 1.36 million tonnes of petroleum products worth 12.1 trillion soums in the first nine months of this year. Exports of products and services reached $99.5 million, and the plant plans to raise this figure to $116 million by year-end.

Kun.uz
Follow us on Telegram Tools

🔔 Don't miss the big stories

Get a notification on your phone or computer when something important happens in the Turkic world.

Which notifications would you like?