SOCAR leadership visits Romania
A delegation of Azerbaijan's state energy company SOCAR visited Romania this week.
The company reported that the delegation, including SOCAR Vice-President David Mammadov and Head of the Observation Council of the SOCAR`s Azerkimya PS Mukhtar Babayev, met with Romanian Secretary of the State at the Economy Ministry of Mihai Adrian Albulescu and Economy Minister Andrei Dominic Gerea.
Gerea informed the SOCAR delegation on the country's oil sector, saying "Oltchim" Chemical Plant is a part of the State's privatization policy. The minister noted the Romanian Government seeks a strategic partner for the privatization of the "Oltchim" S.A.
He thanked the Azerbaijani government for the cooperation started with the opening of the SOCAR`s Romania office, as well as the country`s investments in Romania.
Mukhtar Babayev, in turn, said he has already got acquainted with the working potential of the "Oltchim" Chemical Plant.
He highlighted the importance of the readiness of the legal, technical and economic final results for the adoption of the decision on the project.
Later, the delegation met Romanian Secretary of the State at the Economy Ministry Mihai Adrian Albulescu.
He provided an insight into the Romanian energy sector, as well as the current state of and prospects for the AGRI projects.
The delegation noted the importance of the Azerbaijan`s energy policy in ensuring Europe's energy security, saying SOCAR has already gained the confidence of the European Union as a reliable partner.
David Mammadov noted the SOCAR has the necessary infrastructure to start the project, saying there was great potential for the realization of this project in the Caspian region.
Hamze Karimov, in turn, said such meetings would contribute to expanding energy cooperation between the two countries.
The SOCAR delegation then viewed the production activity and products of the "Oltchim" Chemical Plant in the city of Ramnicu Valcea.
The delegation also viewed construction work at the SOCAR Petrol Filling Station in Bucharest.
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