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Tag Archives: Socar Energy Georgia

Caspian Energy Forum Tbilisi Took Place in Georgia

The 5th Caspian Energy Forum Tbilisi-2018 has been held in Georgia. The 5th International Caspian Energy Forum Tbilisi – 2018 hosted by the Georgian company Caspian Energy Georgia gathered 300 delegates from 17 countries. First Deputy Chairman and Chief Executive Officer of the Caspian European Club Telman Aliyev said at the …

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SOCAR Increases Share in its Georgian Subsidiary

SOCAR Increases Share in its Georgian Subsidiary

Azerbaijan’s state oil company SOCAR increased its share in the authorized capital of SOCAR Energy Georgia Ltd. (its Georgian subsidiary) from 51 percent to 67.34 percent, according to the SOCAR’s consolidated financial statements for 2016 audited by the London-based Ernst & Young company. SOCAR paid 58 million manats ($34 million) …

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No Serious Problems with Gas Supply to Georgia – SOCAR

Georgia has never had serious problems with gas supply from Azerbaijan, Mahir Mammadov, head of SOCAR Energy Georgia, a subsidiary of Azerbaijan’s state oil company SOCAR, told Trend agency. He said various processes that have no impact on the total volume of gas supplies occasionally take place. “The matter rests …

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