Pakistan's state oil company keen on cooperating with SOCAR

/By AzerNews/

By Aynur Karimova

Pakistan State Oil Company is keen on cooperating with Azerbaijan's energy giant SOCAR.

This was stated by CEO and Managing Director of Pakistan State Oil Company Sheikh Imran ul Haque at a meeting with SOCAR President Rovnag Abdullayev on November 25.

Sheikh Imran ul Haque believes that the two companies would benefit from the current opportunities for implementing joint projects.

During the meeting Abdullayev highlighted friendly ties between the two countries, saying that principles of cooperation lie at the heart of bilateral relations.

He believes that reciprocal visits “contribute to development of bonds.”

Abdullayev also informed the guest about the history of oil and gas industry of Azerbaijan, as well as achievements gained in the relevant field, regional and global projects implemented by SOCAR.

The sides also discussed the wide prospects for cooperation in various fields of oil and gas industry.

Earlier, the SOCAR president said in an interview with Italian media that SOCAR does not exclude the possibility of supplying Azerbaijani gas to Pakistan in the future.

"Currently, SOCAR has no plans to enter Asian markets, however, I do not exclude that in the future we could export gas to such promising markets as India and Pakistan," he noted.

SOCAR, which includes production associations Azerneft, made up of companies involved in the production of onshore and offshore oil and gas, Azerkimya, chemical industry enterprises, and Azeriqaz gas distribution, is involved in exploring oil and gas fields; producing, processing, and transporting oil, gas, and gas condensate; marketing petroleum and petrochemical products in the domestic and international markets; and supplying natural gas to the industries and public in Azerbaijan.

Also, SOCAR owns gas stations in Azerbaijan, Switzerland, Georgia, and Ukraine. It has representative offices in Georgia, Turkey, Romania, Austria, Switzerland, Kazakhstan, Britain, Iran, Germany, and Ukraine, along with trading companies in Switzerland, Singapore, Vietnam, Nigeria, and other countries.