Baku, Azerbaijan, Aug. 7
By Ilkin Shafiyev – Trend:
To date, SOCAR Trading SA (a trading house of the Azerbaijani state oil company SOCAR) has supplied more than 12 cargoes of liquefied natural gas (LNG) for a gas power plant in Malta, SOCAR Trading SA told Trend Aug. 7.
"Such countries as the United States, Trinidad and Tobago, Equatorial Guinea and Peru have become the sources for the supply of various volumes. All deliveries were made on time, which confirmed the status of SOCAR as a reliable supplier," the company noted.
As the ElectroGas Malta consortium told Trend previously, SOCAR Trading supplied 805,111 cubic meters of LNG for the gas power plant in mid-July. The gas power plant began operating at full capacity in January 2017.
ElectroGas Malta, in which SOCAR is represented by SOCAR Trading, which owns a 20-percent share in the consortium, was established to implement the project of construction of a gas power plant in Malta. The other shareholders are Germany's Siemens Project Ventures and Maltese GEM Holdings. SOCAR Trading is also represented in the project as a supplier of LNG, a mobile offshore unit for its storage and equipment for its processing.
SOCAR Trading SA, headquartered in Geneva, was established in late 2007 by the State Oil Company of Azerbaijan.
The company sells SOCAR's crude oil from the port of Ceyhan (Mediterranean Sea, Turkey), trades in oil and petroleum products of other countries, as well as assists the parent company in connection with international investments. The scope of activity of SOCAR Trading covers the countries of Europe, Asia and America.
---
Follow the author on Twitter: @IlkinShafiyev