Oil & Gas

SGC to strengthen EU-Azerbaijan co-op, says minister

Implementation of the Southern Gas Corridor (SGC) project that can help the European Union increase its energy security and diversification of supplies, will ensure the strengthening of cooperation not only between Azerbaijan and the EU, but also multilateral cooperation in a broader geography, said Azerbaijani Energy Minister Parviz Shahbazov.
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SOCAR Trading closes Canada office

Azerbaijani state oil company SOCAR’s North American trading division will close its Calgary office in Canada and move all commercial and support functions to Houston in the next three to four months, Reuters reported citing a letter from the company.
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