"Lukoil" intends to sign agreement for new projects with SOCAR

"Lukoil" intends to sign agreement for new projects with SOCAR
  • Clock-gray 16:17
  • calendar-gray 22 January 2020

Russia’s largest private oil and gas company “LUKOIL” intends to sign agreement with SOCAR for new joint projects in the Caspian Sea, Head of "Lukoil" Vahid Alekberov said in interview to correspondents in Davos, "APA-Economics" reports citing Russia’s TASS agency.

He said the discussions were being conducted over such projects as Nakhchivan block of fields and the offshore block named as transition zone and situated to the north of Absheron peninsula. He added that the geologists believed those zones being the promising deposits.

"Now, SOCAR and I will hold talks about our joint business. The agreement will supposedly be signed today in the framework of the forum", V. Alekberov said.

Note that yesterday the Azerbaijani President Ilham Aliyev and Vahid Alekberov discussed in Davos the issue of development of "Nakhchivan" and "Goshadash" fields together with "Lukoil" Company.

Mirsaid İbrahimzade

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