SOCAR

SOCAR gets EU green light for major Italian petrol bid

A major energy deal between an Italian firm and the state oil company of Azerbaijan (SOCAR) has been confirmed by the European Commission. The EC approved the acquisition of Italiana…

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Malta: Apap Bologna refuses to shed light on his SOCAR dealings

Electrogas investor Paul Apap Bologna testifyied in Parliament today as the Public Accounts Committee continued its probe into the auditor general’s report on the Electrogas deal. Two weeks ago, Apap…

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Gas pipeline link between Bulgaria and Greece delayed until June 2022

A gas pipeline between Greece and Bulgaria aimed at helping Sofia wean off Russian gas has hit another delay and will not become operational until June 2022, the head of…

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SOCAR Trading pushes into LNG-to-power, to open carbon division

Azerbaijan’s SOCAR Trading has set up a team to develop integrated LNG-to-power projects and aims to establish a carbon division this year, executives at the firm said. Owing to their…

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Azerbaijan’s SOCAR to resume oil flows via Baku-Novorossiisk link in Feb

Azerbaijan's SOCAR plans to pump 85,000 tonnes of oil via the Baku-Novorossiisk pipeline in February, a spokesman said on Thursday, after a pause in January. The state-controlled energy company added…

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Azerbaijan’s SOCAR Trading targets U.S. crude, LNG expansion

Azerbaijan's SOCAR Trading has returned to expansion mode and aims to increase its presence in liquefied natural gas (LNG) and U.S. crude, following a reorganisation two years ago and strong…

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Daphne Caruana Galizia was killed over Electrogas power station deal – Deal investigated by police – Court told

Police believe that the anti-corruption journalist Daphne Caruana Galizia was killed for what she was about to reveal about a government-sponsored power station deal, a court in Malta has heard. The Guardian…

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