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Azerbaijan's Azneftmash to export engineering products to Europe

Finance Materials 10 January 2020 16:59 (UTC +04:00)
Azerbaijan's Azneftmash to export engineering products to Europe

BAKU, Azerbaijan, Jan. 10

By Matanat Nasibova - Trend:

Azneftmash, a large Azerbaijani manufacturer of industrial products in mechanical engineering, is expanding the list of export destinations, a source at the company told Trend.

According to the source, the company is planning to export various types of equipment used in the oil and gas sector to new foreign markets in 2020.

"The plans are mainly about the export of equipment for oil rigs and pumpjacks. The company's products are of interest to foreign partners in France, and negotiations are underway regarding exports to this European country. In parallel, we are looking for other markets in Europe. The company can export almost all types of the manufactured equipment," the source said.

The source noted that negotiations regarding the export of polyethylene and fiberglass pipes are underway with Ukrainian partners.

"The company also plans to export polyethylene and fiberglass pipes to Central Asian markets in 2020. Last year, there were deliveries to Uzbekistan, Kazakhstan and Turkmenistan," the source added.

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