Azerbaijan, Baku, April 13 / Trend, E.Ismayilov /
At present, total number of gas stations operating in Azerbaijan under the brand of the State Oil Company of Azerbaijan (SOCAR), is eight, a source in SOCAR, which is one of the cofounders of SOCAR Petroleum retailing company, said.
He said gas stations are located in more optimal places of Baku's districts.
"The station successfully operates and meets drivers' demand. At present, work on construction of new stations is underway," the source said.
In total, SOCAR intends to open 26-30 gas stations in Azerbaijan. Investments in the gas station's construction have hit 20 million manat.
SOCAR Petroleum shareholders are SOCAR (51 percent) and the American A.P. International (49 percent). SOCAR Petroleum was registered on Jan. 21, 2008.
At present, SOCAR has more than 60 gas stations in Georgia, and is gradually opening gas stations in Ukraine and Romania.