BAKU, Azerbaijan, June 18
By Fidan Babayeva - Trend:
The State Oil Company of Azerbaijan (SOCAR) and German energy companies, in particular, Uniper (E. ON), continuing their successful and productive cooperation, Trend reports citing SOCAR.
SOCAR’s President Rovnag Abdullayev met with Ambassador of Germany to Azerbaijan Wolfgang Manig on July 17, said SOCAR.
Abdullayev spoke about the operations carried out in the oil and gas and petrochemical industries of Azerbaijan during the global pandemic, and highlighted the important role of energy cooperation in the development of Azerbaijani-German relations.
In turn, speaking about economic cooperation between Germany and Azerbaijan, Manig noted the successful continuation of a long-term and productive cooperation between SOCAR and the German energy companies including, among others, Uniper (E. ON).
Noting the role of German companies in implementing SOCAR’s projects in the country and abroad, the ambassador said that a number of German companies showed particular interest in the SOCAR’s gas processing complex project.
The top managers of these companies also expressed interest in organizing a working visit to Azerbaijan in the post-pandemic period, he added.
Uniper is one of the buyers of Azerbaijani gas under the Shah Deniz-2 project. Starting from in 2020, the company will purchase gas from the field in the amount of 1.5 billion cubic meters a year.
SOCAR-Uniper joint venture, operating since 2016 on the basis of German technology, is conducting modernization work at SOCAR's Azerkimya production union enterprises. There are great opportunities for Uniper to participate in the project of modernization and reconstruction of the gas distribution network, the use, optimization and management of power plants in Baku and the Absheron peninsula.
The Southern Gas Corridor is one of the EU’s priority projects and provides for the annual transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region through Georgia and Turkey to Europe.
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