BAKU, Azerbaijan, March 7. President of the
State Oil Firm of Azerbaijan Republic (SOCAR) Rovshan Najaf has
met with CEO of Tatneft OJSC Nail Maganov in Tatarstan, Russian
Federation, Development
stories just about SOCAR.
In the middle of the go to, SOCAR and Tatneft inked an settlement
outlining collaborative initiatives within the petrochemical sector and
a memorandum of understanding regarding joint endeavors within the oil
trade. Moreover, discussions encompassed the event of
human capital and potential collaborative initiatives.
All through the go to, the SOCAR delegation toured the TANECO Oil
Refining Advanced, comprising oil refineries and petrochemical
crops, together with different services of Tatneft, gaining perception
into the manufacturing processes.
Tatneft is among the largest oil firms in Russia. The
firm is pursuing a technique of accelerating reserves and increasing
its presence not solely in Russia but additionally overseas.
SOCAR operates in various sectors, encompassing oil and fuel
discipline exploration, oil, fuel, and fuel condensate extraction,
processing, and transportation, alongside the distribution of oil
and petrochemical merchandise in each home and worldwide
markets. Moreover, the corporate performs a vital position in supplying
pure fuel to each industrial enterprises and the final
inhabitants of Azerbaijan, in addition to extending its companies to
Europe.
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