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SOCAR to increase network of filling stations in Ukraine

Oil&Gas Materials 13 September 2011 20:53
The number of filling stations under the brand of SOCAR (State Oil Company of Azerbaijan) in Ukraine will reach 1,000 units by 2025, a source at the Ukrainian representative office of SOCAR told Trend on Tuesday.
SOCAR to increase network of filling stations in Ukraine

Azerbaijan, Baku, Sept. 13 /Trend, E.Ismayilov/

The number of filling stations under the brand of SOCAR (State Oil Company of Azerbaijan) in Ukraine will reach 1,000 units by 2025, a source at the Ukrainian representative office of SOCAR told Trend on Tuesday.

According to information, currently the number of SOCAR filling stations in Ukraine is 12 units, but their number will increase to 40-50 units by the end of the year.

SOCAR is the State Oil Company of Azerbaijan. SOCAR's oil and gas enterprises produced 7.28 million tons of oil and more than 7 billion cubic meters of gas in 2010.

SOCAR and foreign partners are involved in such major projects as the development of the block of oil and gas fields "Azeri-Chirag-Guneshli" and Shah Deniz gas condensate field in the Caspian Sea.

SOCAR includes Azneft production association (the companies producing oil and gas onshore and offshore), "Azerkimya" industrial association (chemical enterprises), Azerigaz industrial association (gas distribution).

SOCAR is the only producer of oil products in the country (it has two refineries on its balance), and also owns petrol stations in Azerbaijan, Georgia and Ukraine. SOCAR is co-owner of the largest Turkish petrochemical complex Petkim. The company carries out the oil trade in various regions of the world through SOCAR Trading.

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