• $
  • €
  • ₽
  • ₺
  • £

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
Kapital Bank’s net profit increased by 29.6% in the first 9 months of 2026
Business 18:00
Kapital Bank’s net profit increased by 29.6% in the first 9 months of 2026
Azerbaijan transport and warehousing sector expands 10% in 9M 2026
Business 17:30
Azerbaijan transport and warehousing sector expands 10% in 9M 2026
Nakhchivan trade up 67% in 9M 2026 as deficit surges 47-fold
Business 15:56
Nakhchivan trade up 67% in 9M 2026 as deficit surges 47-fold
iTicket now available in ABB mobile!
Business 14:40
iTicket now available in ABB mobile!
ABB Bank to host international Risk Forum in Baku
Business 14:00
ABB Bank to host international Risk Forum in Baku
Bir brings its digital banking experience to Istanbul Fintech Week
Business 13:30
Bir brings its digital banking experience to Istanbul Fintech Week
Dollar steady at 1.70, ruble advances
Business 12:30
Dollar steady at 1.70, ruble advances
İMF sharply raises global oil price forecasts
Business 12:00
İMF sharply raises global oil price forecasts
OPEC affirms oil’s dominance in future energy mix
Business 11:30
OPEC affirms oil’s dominance in future energy mix
Anews TV

Our official Youtube channel

Subscribe