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SOCAR President Meets Statoil's Executive Vice President

President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovnag Abdullayev met the Norwegian delegation led by Statoil's Executive Vice President on Exploration and Production Lars Christian Baker.

Abdullayev said SOCAR and Statoil had been effectively cooperating for 20 years, expressing hope that this relationship would successfully continue for further years too. SOCAR president said 2013 is of great significance in term of enhancing cooperation between the two companies.

Abdullayev talked about implementation of the largest joint projects of the two companies in 2013 – realization of the first and second phases of the development of gas condensate Shahdeniz field, as well as creation of the Southern Gas Corridor.

In turn, Baker stated that Statoil will be actively involved in these and other projects in Azerbaijan in 2013 and subsequent years.

Statoil's Executive Vice President said his company is keen on further expanding its work in Azerbaijan.

Source: AzerTAc

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