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11.02.2016 15:26

In coming weeks SOCAR to decide on cooperation with Rosneft

The State Oil Company of Azerbaijan (SOCAR) is likely to sign in the next few weeks the concrete agreements on cooperation with Rosneft.

After the London meeting with Rosneft’s president Igor Sechin the SOCAR president Rovnag Abdullayev said that speech is of its possible participation in certain assets of Rosneft in Russia.

"Rosneft keeps its interest in Caspian project ‘Absheron’, where France’s Total is the operator,” Abdullayev said.

Earlier SOCAR displayed an interest in the purchase of company Polarnoye Siyanie from Rosneft, but eventually it was bought by the company of Alexei and Yuri Khotins.

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