SOCAR to open new gas stations in Ukraine

Oil&Gas Materials 30 April 2012 17:06 (UTC +04:00)

Azerbaijan, Baku, April 30 / Trend, E.Ismayilov /

The State Oil Company of Azerbaijan (SOCAR) will commission two new gas stations in Ukraine in the near future, a source in SOCAR told Trend on Monday.

He said both stations are planned to be opened in Kiev.

At present, more than 20 gas stations under SOCAR brand operate in Ukraine.

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

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