London ends the first phase of campaign

Published in Economics
Friday, 24 January 2020 17:19

The first phase of SOCAR's UEFA Euro 2020 campaign is finished by turning the petrol station on Agmashenebeli Highway into London. Designed with most iconic London details in mind, it is one of the 11 stations rebranded for the upcoming tournmanet. 

The only host city which is not represented in campaign is Saint Petersburg due to political tension between countries and Russian occupation of Georgian territories. 

Prime Minister's Meeting with SOCAR President

Published in Economics
Friday, 27 September 2019 15:29

Today, Georgian Prime Minister Giorgi Gakharia held a meeting with Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR).

SOCAR's investment projects implemented in Georgia were the key topic of the discussion. The meeting was attended by Georgian Minister of Economy and Sustainable Development Natia Turnava, General Director of SOCAR Energy Georgia Mahir Mammadov, Head of the SOCAR Investments Department Vagif Aliyev, and Azerbaijan's Ambassador Extraordinary and Plenipotentiary Dursun Hasanov.

SOCAR continues supporting the government of Georgia-Rovnag Abdullayev

Published in Economics
Friday, 04 March 2016 15:41

SOCAR will continue to support the government of Georgia - the SOCAR President Rovnag Abdullayev said at the joint press-conference with Vice Premier, Minister of Energy Kakha Kaladze.
According to him, SOCAR has been operating in Georgia for 10 years and this company has been implementing large investments.
“We are pleased that our partnership will be further modified and we have visions of the future. The agreement had been made to ensure a stable gas supply of Georgia", - he said.
Mr. Abdullayev thanked SOCAR employees, who, as he said, prepared high quality contract.

No need for importing Iranian Natural Gas- Kakha Kaladze

Published in Economics
Friday, 04 March 2016 15:27

Following the agreement signed with SOCAR, there is no necessary to import natural gas from Iran- the Energy Minister, Vice-Prime Minister, Kakha Kaladze said today after meeting with the President of SOCAR, Rovnag Abdullayev.
According to him, Georgian side had begun negotiations in parallel with Iran because there have been some technical problems with Azerbaijan.
“We met each other and talked about the possibility of Iranian gas import. In theory, the possibility exists but there is no need. We have our strategic partner countries, companies have signed an agreement that will provide Georgia with gas supply and market satisfaction," -said Kaladze.

An additional 500 million cubic meters of natural gas

Published in Economics
Friday, 04 March 2016 14:51

Georgia will additionally receive 500 million cubic meters of natural gas from Azerbaijan - was noted during the a meeting between the Prime Minister Giorgi Kvirikashvili and the President of State Oil Company of Azerbaijan Republic "Socar" Rovnag Abdullayev.
The Ministry of Energy and the company "Socar" summed up the results of the negotiations and prospects of strengthening cooperation.
"We are very pleased that the negotiations have been successfully completed and we arrived at the conclusion that our strategic partnership will be further strengthened in the future.There was no ground to expect a different result. We are pleased by the fact that " SOCAR "has technical ability to provide additional volumes of gas," - Prime Minister noted during the meeting.
It was noted that between the Government and the company "SOCAR" the package of contracts will be signed today. According to provisions of these agreements, Georgia will receive an additional 500 million cubic meters of natural gas. In addition, SOCAR expressed its readiness to to reduce the price of of the commercial gas for the gas stations with 35-40 US dollars per 1000 cubic meters.

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