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Investment News in Azerbaijan

BP & Partners Bring International Strategic Executive Expertise to Azerbaijan
4/25/2019 - BP and its co-venturers in the Azeri-Chirag-Gunashli, Baku-Tbilisi-Ceyhan, Shah Deniz, and South Caucasus Pipeline projects – SOCAR, TPAO, PETRONAS, Chevron, LUKOIL, NICO, Equinor, INPEX, ExxonMobil, ...
Equinor Invests in New Platform in Azerbaijan
4/19/2019 - Equinor and eight partners in the offshore Azeri Chirag Gunashli (ACG) oilfield in the Caspian Sea have made a USD 6 billion investment decision to build an additional platform in the license area. Th...
Greek Bank to Take Part in Syndicated Financing Scheme for TAP
1/31/2019 - Piraeus Bank was assigned as Onshore Account Bank in the syndicated financing scheme of € 3,9bn for the construction of TAP pipeline. ...
Norton Rose Fulbright Advises on MIGA Backed Financing Investment in TANAP
8/17/2018 - Global law firm Norton Rose Fulbright has advised a consortium of lenders on a Multi-Lateral Investment Guarantee Agency (MIGA) financing. The lenders comprise AKA Bank, Citibank, Credit Agricole CIB,...
TAP Invests €1 Million in Energy-Focused Postgraduate Programmes
9/22/2017 - On 21 September, the Trans Adriatic Pipeline (TAP) AG presented its €1 million initiative for funding Master’s programmes in the energy sector, offered by the University and the Technological Educatio...
ADB Supports $1 Billion inancing to Expand Azerbaijan Gas Field
12/8/2016 - The Asian Development Bank (ADB) will provide $1 billion in private and public sector assistance to expand Azerbaijan’s Shah Deniz II, one of the world’s largest gas fields. ...
Turkish Minister of Economy Meets SOCAR Delegation
7/22/2016 - SOCAR delegation led by Vagif Aliyev, Chief of the SOCAR Investment Department, Chairman of Board of Management, SOCAR Turkey Energy, visited the Ministry of Economy of Turkey and met Minister Nihat Z...
TAP Launches Community Investment Programme in Italy
7/7/2016 - Trans Adriatic Pipeline (TAP) AG will provide 200,000 Euro to support projects of associations and non-profit organisations. This is the first TAP community investment programme in Melendugno aimed to...
SOCAR & NGO Leaders Hold Round Table
6/28/2016 - SOCAR hosted a round table to discuss large investment projects, financial sustainability and credit management. SOCAR vice presidents Suleyman Gasimov and Khalik Mammadov, head of the Investment Depa...
SOCAR President Attends Meeting with Upstream Investors
6/22/2016 - Rovnag Abdullayev, President of SOCAR, attended a meeting held within the framework of BP two-day investor field trip to Baku. Senior portfolio or fund managers for some of the world’s most significan...
SOCAR President Rovnag Abdullayev Visited Petkim
9/8/2015 - SOCAR President Rovnag Abdullayev, vice-presidents of the company Suleyman Gasimov, Elshad Nassirov, and Badal Badalov, Head of SOCAR's Investment Department and Chairman of the Board of Directors at ...
SOCAR President Meets with Prime Minister of Malta
9/7/2015 - During the visit to Malta, SOCAR President Rovnag Abdullayev met with Prime Minister Joseph Muscat. The event, attended by Energy Minister Konrad Mizzi as well, discussed SOCAR’s investment project in...
SOCAR & Vitol Group Presidents Hold Meeting
7/23/2015 - SOCAR President Rovnag Abdullayev held a meeting with delegation led by Ian Taylor, Chief Executive Officer of Vitol Group, one of the largest energy trading companies in the world. The meeting focuse...
SOCAR Receives Delegation of Japan Bank for International Cooperation
5/1/2015 - SOCAR President Rovnag Abdullayev received the delegation led by Watanabe Hiroshi, CEO of the Japan Bank for International Cooperation (JBIC). Welcoming the guests, Mr Abdullayev spoke about the regio...
SOCAR Received Belgian Delegation
4/29/2015 - SOCAR President Rovnag Abdullayev received Belgian delegation led by Pieter De Crem, the Secretary of State for Foreign Trade of Belgium. Welcoming the guests, Rovnag Abdullayev provided an insight in...
SOCAR’s Budget Payments for March 2015
4/8/2015 - SOCAR paid AZN 113 million 714 thousand to the State Budget for March of the current year.For January-March 2015, SOCAR transferred AZN 340 million 443 thousand to the State Budget. Besides, the Compa...
SOCAR to Ask Central Bank for $952m for Petrochemical Plant
3/19/2015 - Azeri state energy company SOCAR will ask the central bank for a 1 billion manats ($952 million) loan to kick start building its $16.5 billion oil, gas and petrochemicals processing plant, SOCAR Presi...
SOCAR President Receives Turkish Delegation
12/3/2014 - SOCAR President Rovnag Abdullayev received Turkish delegation led by Fikri Ishik, Minister of Science, Industry and Technology of Turkey. Welcoming the guests, SOCAR President spoke about the bilatera...
London Hosts Azerbaijan Investment Forum
11/6/2014 - Azerbaijan Investment Forum organized by The European Azerbaijan Society (TEAS) was held in London on November 5. Forum presented the large-scale projects carried out in the ICT industry, energy and f...
Gail & Socar Sign LNG Cooperation MoU
11/4/2014 - On November 3, State Oil Company of Republic of Azerbaijan (SOCAR) signed a Memorandum of Understanding (MOU) with GAIL (India) Limited, India. Under the MOU, SOCAR and GAIL intend to pursue jointly L...

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