Investments in Azerbaijan’s oil-and-gas contracts hits $30 billion: SOCAR head
Azerbaijan, Baku, Feb. 27 / Trend , S.Aliyev/
Investments in Azerbaijan's 27 oil-and-gas contracts with foreign companies amount to $30 billion, State Oil Company of the Azerbaijan Republic (SOCAR) President Rovnag Abdullayev told journalists on Feb. 27.
"Presently, 85 percent of Azerbaijan's oil and 70 percent of its gas are produced with foreign companies," he said.
SOCAR has formed 30 joint ventures and 6 alliances with foreign companies.
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