Uzbekneftegaz proposes SOCAR and BP joint studies of investment blocks
Baku, Azerbaijan, January 29
Uzbekistan offered Azerbaijan state-owned company SOCAR and BP to explore the possibilities of joint geological study of investment banks in Ustyurt region of Uzbekistan, Trend reports via Uzbekneftegaz.
The preposition was made at the meeting of Uzbekneftegaz JSC, SOCAR and BP representatives with the Deputy Prime Minister of Uzbekistan Alisher Sultanov.
Moreover, it was also noted that partnership with SOCAR and BP is a priority for the oil and gas industry of Uzbekistan.
“Attracting foreign direct investment without the participation of third parties was among the topical issues. On this base, representatives of foreign companies were invited to explore the possibilities of joint geological exploration of the Aralomorsk, Sam-Kosbulak and Bayterek investment blocks of the Ustyurt region,” the message says.
Representatives of delegations expressed their interest and spoke about the meetings held on this issue in the joint-stock companies IGIRNIGM, Uzbekgeofizika and "O'ZLITINEFTGAZ".
As a result of meeting, parties agreed to continue the dialogue in the designated areas.
Nowadays, SOCAR is the only producer of oil products in Azerbaijan, and also operates more than 370 filling stations in Switzerland, Georgia, Romania and Ukraine. SOCAR is also a co-owner of the largest Turkish petrochemical complex Petkim and other assets in Turkey.