In his recent blog post, Anar Alizade has commented on growing global expansion and revenue generation of the oil and gas business in Azerbaijan, marking the 20th Anniversary of SOCAR Trading.
Alizade states that SOCAR and SOCAR Trading has been a model for the international cooperation and investment in the Azerbaijani marketplace.
Commenting on the historic, groundbreaking agreement made 20 years ago in Baku on the development of national energy resources by more than 13 of the world’s most important oil majors, Alizade noted that the importance of ventures have changed the face of the energy business around the world, and have produced new volumes of crude and also greater valuations.
According to his blog post, the world-class partnership between SOCAR, SOCAR Trading and companies like BP, Amoco, Exxon, LUKoil and others have generated investments exceeding more than 50Billion US Dollars.
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