By Ayya Lmahamad
A regular meeting of the Supervisory Board of Azerbaijan's State
Oil Company (SOCAR) has been held, Azernews reports.
Economy Minister Mikayil Jabbarov noted that the investment
strategy in renewable energy production was discussed at the
'During the meeting of the Supervisory Board of #SOCAR
(@SOCARofficial), we discussed the improvement of management
standards, increasing efficiency, activities of the Coordination
Office of the Supervisory Board, as well as #investment strategy in
#renewableenergy production,' the minister wrote on his official Twitter page.
The Azerbaijani Republic's State Oil Company is involved in the
exploration of oil and gas fields, the production, processing, and
transportation of oil, gas, and gas condensate, the marketing of
petroleum and petrochemical products in domestic and international
markets, and the supply of natural gas to industry and the general
public in Azerbaijan. The company owns two refineries in Azerbaijan
and one in Turkey, as well as petrol station networks in
Azerbaijan, Turkey, Georgia, Romania, and Switzerland.
Ayya Lmahamad is AzerNews' staff journalist, follow her on
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- Mikayil Jabbarov
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