Oil & Gas

European Parliament backs Southern Gas Corridor

A motion introduced by the Green group to oppose “projects of common interest” based on fossil fuels, including the Southern Gas Corridor, envisaging transportation of Azerbaijani gas to Europe was rejected by a large majority of members of the European Parliament (MEPs) last week (March 14), EUROACTIV reported.
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Deputy Economy Minister: Necessary to accelerate creation of innovation clusters in Azerbaijan [UPDATE]

Azerbaijan’s Economy Ministry is completing the first stage of assessment at SOCAR Polymer, a polymer plant of Azerbaijan’s state oil company SOCAR, in Sumgait city, the country’s Deputy Economy Minister Niyazi Safarov said at a conference titled “Public-Private Cooperation in Creating Innovation Clusters: Available Assets and Use of Local Raw Materials” in Baku March 16.
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