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Daily Archives: September 20, 2016

SOCAR Eyes Entering Bulgarian Oil Products Market

Azerbaijan’s state oil company SOCAR is interested in entering the Bulgarian oil products market, head of SOCAR Balkan Murad Heydarov told reporters. He noted that currently SOCAR is holding talks on the possibilities of benefiting from Bulgaria’s gas and oil products markets. “Such talks are underway. We believe this market …

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Gas Production at ACG Exceeds 124 Billion Cubic Meters

President of Azerbaijan’s State Oil Company (SOCAR) Rovnag Abdullayev has revealed the volume of production at Azeri-Chirag-Gunashli (ACG) block of oil and gas fields. In his article published in local state newspapers, Abdullayev said that 407 million tons of oil and 124.3 billion cubic meters of associated gas have been …

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New UK Envoy to Iran Hopes to Boost Tourism Ties

New UK Envoy to Iran Hopes to Boost Tourism Ties

The new British envoy in Iran, Nicholas Hopton hopes that during his tenure in Tehran, the tourism industry will see a huge boom in the land of the rich Persian culture. “I think Iran offers huge potential for a developed tourism market as it used to have in the past…,” …

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