SOCAR

Azeri state energy company SOCAR plans to start up its new oil refinery in Turkey next week, a spokeswoman at SOCAR's Turkish division said on Oct. 9.

Italy's Saipem, a consortium including Azeri state firm SOCAR and nine other groups or firms have submitted initial bids to build a gas pipeline between Bulgaria and Greece, the company overseeing delivery of the project said.

STAR oil refinery in the Aegean province of İzmir has received the first batch of crude oil for processing from Azerbaijan, SOCAR Turkey said in a statement on Aug. 3.

Azerbaijan's state oil company SOCAR is interested in gas distribution in Bulgaria, Director of SOCAR Balkan company Murad Heydarov told Trend July 13.

Back in 2015, the Bulgarian government presented a set of projects on energy cooperation to Azerbaijan.

Today, the Southern Gas Corridor, which will transport Azerbaijani gas to Europe, was officially opened, bTV reported.
It is expected that the Caspian blue fuel will reach Bulgaria after 2 years.

SOCAR Turkey, an affiliate of Azerbaijan's state oil company SOCAR, will launch the Star refinery with a $6.3 billion investment in İzmir in October, the general manager of the refinery said on May 21.

The first new oil refinery to be built in Turkey in 30 years will start up in the third quarter of 2018, the builder and operator Azeri state energy firm SOCAR said on Feb. 22.

Azerbaijan, via its state energy company SOCAR, is ready to engage in Bulgaria's gasification at its own expense. The statement was made by the President of Azerbaijan Ilham Aliyev on the occasion of a visit by the Prime Minister of Bulgaria Boyko Borissov to the central Asian country, EurActiv reports. 

Azerbaijan and Bulgaria are not only friends, but also strategic partners, Azerbaijan's ambassador to Bulgaria Nargiz Gurbanova told Bloomberg TV, quoted by Trend News Agency.

The deadline for the submission of binding offers for the 66 percent controlling stake in gas grid operator DESFA has been put off from December 22 to January 2018.

State sell-off fund TAIPED accepted a request to that effect submitted by candidate investors last week, as they want more time to prepare their offers.