SOCAR in talks with INPEX

Delegation of the State Oil Company of the Azerbaijan Republic (SOCAR), led by the President of the company, Rovnag Abdullayev, is visiting Japan in order to have bilateral meetings with Japanese companies and talk on participation of Japanese companies in SOCAR projects and cooperation possibilities.

Within the visit, SOCAR President Rovnag Abdullayev met with Toshiaki Kitamura, President of Japanese INPEX Corporation.

The meeting was also attended by SOCAR’s vice-presidents Suleyman Gasimov and Tofig Gahramanov, Azerbaijani Ambassador Extraordinary and Plenipotentiary to Japan Gursel Ismayilzade, INPEX vice-president for Eurasia & Middle East Yasuhisa Kanehara, vice president for the asset management in the Azeri-Chirag-Guneshli (ACG) and the Baku-Tbilisi-Ceyhan (BTC) projects Akihiko Kurashina.

The company said that negotiations also included INPEX Corporation’s participation in SOCAR’s projects, including ACG project, future cooperation on ACG, possible cooperation prospects in local and foreign projects, as well as organization of trainings for employees of SOCAR and other issues.

The ACG field is located 100 km east of Baku in water depths ranging from 125 – 180 meters. It is the largest oilfield in the Azerbaijan sector of the Caspian Sea. BP operates the field, with other partners being, Socar, Inpex, Chevron, Statoil, ExxonMobil, TPAO, ITOCHU and ONGC.

SOCAR delegation’s visit to Japan continues.

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