• $
  • £

Investment opportunities discussed for five oil and gas fields in Azerbaijan

Investment opportunities discussed for five oil and gas fields in Azerbaijan
09.02.2026 14:30

Investment and operational opportunities for five oil and gas fields in Azerbaijan were discussed at a meeting of the steering committee involving SOCAR and GL Group, Report cited GL Group as saying.

The meeting reviewed the implementation of 2025 work programmes and budgets, as well as plans for 2026, of operating companies Salyan Oil Ltd and Taghiyev Operating Company, which operate the Kursangi, Garabaghly, Buzovna–Mashtaga, Gala and Zira fields.

The talks were led by GL Group CEO Asif Zeynalov and SOCAR Vice President Babek Huseynov. Participants also visited several production sites during the trip.

According to the statement, the discussions are seen as important for expanding strategic cooperation between SOCAR and GL Group, boosting operational efficiency and ensuring the sustainable development of joint projects.

N.Tebrizli

Similar news
Similar news
Discover the world with Birbank’s “Səyahət marafonu” campaign
Business 17:28
Discover the world with Birbank’s “Səyahət marafonu” campaign
Yelo Bank increased its interest income by 25% in the first quarter
Business 17:01
Yelo Bank increased its interest income by 25% in the first quarter
Kapital Bank expands financing of energy efficiency projects
Business 15:30
Kapital Bank expands financing of energy efficiency projects
Azerbaijan to send 22 railcars of diesel fuel to Armenia
Business 14:30
Azerbaijan to send 22 railcars of diesel fuel to Armenia
Azerbaijan’s Azeri Light crude rises to $125.83 per barrel
Business 14:00
Azerbaijan’s Azeri Light crude rises to $125.83 per barrel
Azerbaijan central bank keeps manat steady, euro and rouble rise
Business 13:30
Azerbaijan central bank keeps manat steady, euro and rouble rise
Azerbaijan GDP down 0.3% in first quarter, statistics show
Business 10:30
Azerbaijan GDP down 0.3% in first quarter, statistics show
Russia's Rosatom starts final evacuation from Bushehr nuclear plant in Iran
Business 18:00
Russia's Rosatom starts final evacuation from Bushehr nuclear plant in Iran
Azerbaijan’s GDP contracts 0.3% in Jan-March — statistics committee
Business 17:30
Azerbaijan’s GDP contracts 0.3% in Jan-March — statistics committee
Anews TV

Our official Youtube channel

Subscribe