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SOCAR Head: SOCAR Intends to Develop Co-operation with "KazMunayGaz"

Oil&Gas Materials 3 March 2007 15:00 (UTC +04:00)

Azerbaijan, Baku / corr. Trend S.Aliyev / "The State Oil Company of Azerbaijan (SOCAR) intends to continue developing the co-operation with the National Company of Kazakhstan "KazMunayGaz"," said SOCAR President, Rovnak Abdullayev, in celebration of fifth anniversary of the Company in Astana.

According to him, the co-operation between the companies is established on the mutually beneficial base and bring benefits to both countries.

"KazMunayGaz" has been provided with the hydrocarbon reserves at the present level of production for the period of 30 years. The Company possesses resources in volume of 615 mln tons.

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