Russia’ Neftemash Joint Stock Company, producing technological equipment for oil-gas complex, has opened a representation in Baku, said Evgeny Kalinin, Deputy Director of the Sale Department of Neftemash during the forum, organized by Caspian European Club for Tumen and Azerbaijani entrepreneurs, APA-Economics reports.
According to Kalinin, sale of individual kits of Neftemash is expected to be started: “We are currently looking thorough cooperation with Azneft and Azerigas production unions on oil-gas, chemical, and environmental issues. Furthermore, we have started cooperation with Russia’s Expert Center in order to finance project in Azerbaijan. Its execution depends on the existence of the relevant regulator in the country.”