SOCAR

Azerbaijan's Ambassador to Bulgaria, Huseyn Huseynov, conveyed in an interview with "Euronews Bulgaria" that Azerbaijan remains receptive to considering the acquisition of Bulgaria's Lukoil Neftohim Burgas oil refinery. However, as of now, there has been no concrete proposal put forth for consideration, as stated by the Ambassador.

Speculations are rife about the potential buyer for Lukoil Neftohim Burgas refinery, with Azerbaijani state oil company SOCAR emerging as the primary contender, as reported by Trud newspaper.

BAKU - The energy ministries of Serbia and Azerbaijan signed on Wednesday a MoU on deepening bilateral relations in the energy sector and a commercial agreement between the gas companies Srbijagas and SOCAR under which Azerbaijan will supply up to 400 mln cubic m of natural gas to Serbia by end-2024.

On the initiative of Bulgaria, a contract was signed today in Sofia between the operator of the gas transmission system "Bulgartransgaz", as well as the relevant companies in Romania ("Transgaz"), Hungary (FGSZ), Slovakia ("Eustream"), as well as the state oil company of the Republic Azerbaijan ("SOCAR")

Azerbaijan plans to double natural gas supplies to Europe by 2027, said the President of Azerbaijan Ilham Aliyev in Sofia. He is a special guest at the signing ceremony of a memorandum on the Solidarity Ring initiative, which aims to increase the security of natural gas supplies to the European Union. The event is hosted by President Rumen Radev.

The President of the Republic of Azerbaijan Ilham Aliyev is arriving in our country tomorrow at the invitation of the Bulgarian Head of State Rumen Radev.

The two will attend the official opening of an office of the State Oil Company of the Republic of Azerbaijan (SOCAR) in Sofia.

In May of this year, the State Oil Company of Azerbaijan (SOCAR) will open its office in Bulgaria. This is a sign of the serious intentions to deepen cooperation between the two countries in the field of energy. This was stated by President Rumen Radev after a video conference call with his colleague Ilham Aliyev, which took place in Baku, announced the press office of the head of state.

President Rumen Radev canceled his participation in the tenth global forum in Baku. The head of state, who is in Azerbaijan, has tested positive for Covid-19. He was subsequently given two more tests, which were negative.

The capacity of the Trans-Anatolian Natural Gas Pipeline (TANAP) will be doubled, Energy Minister Fatih Dönmez has announced.

The Azerbaijani state oil company, SOCAR, has agreed to import additional amounts of natural gas to Turkey amid a cut in the flow from Iran, a senior official of the company has said.