SOCAR ups investments in Georgia

 

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.

 

65 views


More Azerbaijan News

James Warlick: Nagorno-Karabakh conflict needs new commitments

James Warlick: Nagorno-Karabakh conflict needs new commitments

American co-chair of OSCE Minsk Group James Warlick has offered to expedite the settlement of the Nagorno-Karabakh conflict with the help of new obligations. He made such a statement, speaking about the new …

#039Caspian Five#039 to gather for a meeting in Moscow

'Caspian Five' to gather for a meeting in Moscow

The next meeting of the working group on defining the legal status of Caspian Sea is scheduled for the beginning of September and it will be held in Moscow, it was announced by the special representative of the President of Iran on the issue of …

Tourism companies of Azerbaijan to issue electronic entry visas

Tourism companies of Azerbaijan to issue electronic entry visas

Azerbaijani tourism companies got the opportunity to provide tourists who enter the country with electronic visas, which will greatly facilitate the process of passing through passport and visa control for them. The Ministry of Culture …

Baku-Tbilisi-Erzurum gas pipeline to be repaired in 4 days

Baku-Tbilisi-Erzurum gas pipeline to be repaired in 4 days

Today work begins to repair the Baku-Tbilisi-Erzurum gas pipeline, located in the Turkish province of Kars, which was damaged as a result of a PKK militants terrorist attack organized on August 24, the executive representative of the Sarykamysh …

Figures of Russian culture: Mehriban Aliyeva is a true lady

Figures of Russian culture: Mehriban Aliyeva is a true lady

Russian cultural figures congratulated the First Lady of Azerbaijan, President of Heydar Aliyev Foundation, Goodwill Ambassador of UNESCO and ISESCO, MP of the Milli Mejlis, Mehriban Aliyeva, on her birthday. TV …

US trade mission to visit Azerbaijan in November

US trade mission to visit Azerbaijan in November

A US trade mission is going to visit Azerbaijan on November 18-20. The organizers of the visit are the US-Azerbaijan Chamber of Commerce (USACC) and the US Commercial Service. The mission's participants will study the Azerbaijani …

Ali Ahmadov and Robert Sekuta hold a meeting

Ali Ahmadov and Robert Sekuta hold a meeting

The Deputy Prime Minister of Azerbaijan, the deputy chairman of the ruling party 'Yeni Azerbaijan' Ali Ahmadov, met with the US Ambassador to Baku Robert Sekuta. The interlocutors discussed …

Baku to get acquainted with the culture of Malaysia

Baku to get acquainted with the culture of Malaysia

The Ministry of Tourism and Culture of Malaysia is organizing a Cultural Festival "Days of Malaysia in Azerbaijan" in Baku . According to the Deputy Head of Ministry, Datuk Abdul Ghaffar, such measures will …

Mehriban Aliyeva celebrates her birthday

Mehriban Aliyeva celebrates her birthday

Today is the birthday of the first lady of Azerbaijan, President of Heydar Aliyev Foundation, Goodwill Ambassador of UNESCO and ISESCO, MP of Milli Majlis Mehriban Aliyeva. Mehriban Aliyeva is known worldwide primarily …

PACE rapporteur to tell about water aggression of Armenia

PACE rapporteur to tell about "water aggression" of Armenia

A delegation headed by the rapporteur of the Committee on Social Affairs, Health and Sustainable Development of PACE, Milica Markovic, has arrived in Azerbaijan. The purpose of the visit is to prepare a report on …

more Azerbaijan News