On Oct. 11, President of Azerbaijan’s state oil company SOCAR Rovnag Abdullayev met with a delegation led by Austrian Federal Minister of Transport, Innovation and Technology Andreas Reichhardt

The Azerbaijani people have solemnly celebrated the 25th anniversary of the Contract of the Century recently, which is a masterpiece of Azerbaijani great leader Heydar Aliyev, President of the State Oil Company of the Azerbaijan Republic (SOCAR) Rovnag Abdullayev said

The opening and groundbreaking ceremonies of facilities in the territory of the private industrial zone of the Turkish subsidiary of Azerbaijan’s state oil company SOCAR in Turkey were held

The Contract of the Century, which is a masterpiece created as a result of tremendous efforts by national leader Heydar Aliyev, as well as the revenues this agreement brought to Azerbaijan, had a huge impact on the current welfare of the Azerbaijani people and gave a powerful impetus to the revival of both oil and non-oil sectors of the economy

President of Azerbaijan State Oil Company SOCAR Rovnag Abdullayev received a delegation led by Chairman, President and Chief Executive Officer of Baker Hughes, a GE company, Lorenzo Simonelli

The net profit of the Azerbaijani state oil company SOCAR decreased by 1.71 times compared to 2018, Trend reports referring to the company's consolidated financial report for 2018.

Gas production is projected to increase by 20 percent in Azerbaijan by the end of 2019.