Azerbaijan's Socar Signs Protocol With Japanese Consortium
Azerbaijan's state-owned oil company Socar announced on 8 July that it has signed a protocol on cooperation with a consortium of Japanese oil companies in exploration for on- shore and offshore oilfields. Socar Vice-President Khosh- bakht Yusifzade said the consortium would eventually invest billions of dollars in developing Azerbaijan's oil reserves. The consortium is led by Japan National...
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