VOL. XLI

No. 23

8-June-1998

FSU

Azerbaijan's Socar Signs Oil Agreements During Baku Conference

Azerbaijan's state-owned oil company Socar signed three agreements with foreign oilconsortiums on 2 June during the first day of the Fifth International Caspian Oil and GasConference in Baku. Socar signed production sharing agreements for the offshore Kurdashioilfield and the onshore Southwest Gobustan oilfield. It also signed an agreement on basicprinciples for the development of the onshore...