IN RUSSIAN

SOCAR ups investments in Georgia

28 December 2011 - 5:22pm

 

Investments of the State Oil Company of Azerbaijan (SOCAR) in Georgia reach one billion dollars, Mahir Mammadov, head of SOCAR Energy Georgia, which represents SOCAR's interests in Georgia, said at the event on the fifth anniversary of the subsidiary, Trend reports.

 

"We have a very good level of relations and we intend to further continue close cooperation with local authorities to expand our activity in Georgia," Mammadov said.

 

He stressed that SOCAR Energy Georgia continues to supply gas to Georgia's regions. In 2012, the company will actively develop a network of gas stations throughout Georgia. At present, the number of gas stations under SOCAR brand in the country exceeds 80 units.

 

Read also

Jan 23 2015 - 20:43
Georgian Prime Minister Irakli Garibashvili has emphasized the importance of the Baku-Tbilisi-Kars railway line at a discussion within the framework of the World Economic Forum in Davos, News Georgia reports. 
Jan 2 2015 - 19:27
"Gruzstat" has published recently data on the supply of cars from Georgia to Azerbaijan in January-November 2014. According to statistics, 16.8 thousand Georgian cars were imported into the Republic of Azerbaijan, worth 252.3 million dollars.
Dec 31 2014 - 21:40
Happy New Year, dear readers of Vestnik Kavkaza! Our collective would like to congratulate you on the upcoming holiday and wishes you only good news in 2015, joy, well-being and success in all activities. As usual, we will continue covering political, economic, social, cultural and sports events of the Greater Caucasus, Russia and neigbour states in 2015.
Dec 26 2014 - 11:57
On Thursday, Georgian prime minister Irakli Garibashvili met the president of SOCAR Rovnag Abdullayev. They summed up the company’s work in Georgia in 2014.At the beginning of the meeting Abdullayev passed on to Garibashvili the greetings of Azerbaijani president Ilham Aliyev.The parties discussed the progress of the project "Southern Gas Corridor", it was noted that one of the main roles in it was given to Georgia as a transit country.
Dec 22 2014 - 20:25
Turkish Minister for Transportation, Maritime Affairs and Communications Lutfi Elvan said today that the Baku-Tbilisi-Kars railway will have been launched by the end of 2015, connecting Azerbaijan, Georgia and Turkey, Trend reports.
Dec 10 2014 - 22:13
 
Dec 4 2014 - 13:11
The State Oil Company of the Azerbaijan Republic (SOCAR) will expand its presence in the Georgian gas sector. SOCAR Georgia Gas will signed a new agreement with the Georgian government to expand Georgia's gas supply network, abc.az reports.The 3-year agreement has already been initialled. It will increase the investments of SOCAR Georgia Gas to $250 million and the number of clients to 250,000. The new agreement will need about $25 million in investments in 2015.

Archive