SOCAR to participate in Iranian projects

SOCAR was added to the list of shareholders of Iranian E&P Companies, Deputy Oil Minister for International Affairs of Iran Amirhossein Zamaniniya told APA.

He noted that SOCAR appealed for participation in projects in Iran last month: “SOCAR’s appeal was considered and positive decision was made. So, SOCAR will participate in Iran’s projects and invest in Iran. We see SOCAR as a serious player. SOCAR has potential to participate in the projects in Iran”.
According to him, SOCAR may participate in both drilling and processing projects in Iran: “Potential projects were offered to SOCAR and it must choose one of these projects. According to information we have, SOCAR is considering the projects”.


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