SOCAR exploring Lukoil's oil refinery complex in Italy

SOCAR exploring Lukoil
# 14 December 2017 15:17 (UTC +04:00)

SOCAR has confirmed its intention to purchase ISAB oil refinery complex of Lukoil in Italy.  


SOCAR Vice-president for investments and marketing Elshad Nasirov said that the company shows interest to any such project: “If the matter is concretely about this project, we must explore it comprehensively.  It’s still early to speak about concrete proposal”.  


Earlier, Lukoil president Vahid Alekberov said that Azerbaijani, Iranian and Algerian oil companies show interest to purchase ISAB refinery in Italy.


According to him, Lukoil received a number of proposals: ‘We’re now considering these proposals’.