Russian oil with Socar joint development of oil and gas resources
13/12/2013 10:44
According to dow Jones news recently, Moscow Russia's state oil company, according to the announcement has been Socar and azerbaijan state energy company signed a cooperation agreement, both parties will collaborate to develop oil and gas resources.
According to the Russian oil company and Socar will create a joint venture, for oil and gas resources exploration and development in multiple countries, including Russia and azerbaijan. The two companies also agreed to cooperate in oil and gas and oil products sales, will work together to use infrastructure at the same time.