Yesterday SOCAR and Romanian Transgaz signed a mutual memorandum, reported State Oil Company of Azerbaijan (SOCAR).
The document envisages cooperation between the companies in field of gas transportation and gas transit using Romania’s capacities.
The memorandum also envisages the possibilities of export LNG and natural gas to the Romanian market and its sale it on the basis of long-term or spot contracts, including the potential LNG terminals within the framework of AGRI project.
It has been mentioned during the signing ceremony that the memorandum will open the possibility for deepening cooperation between SOCAR and Transgaz and expand operations on the natural gas market of southeastern Europe and the Balkan region.
“The memorandum will also contribute to expansion of cooperation between the countries in field of energy, in particular, gas supply, transportation, marketing and sales,” said the same source.—0—
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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