• $
  • £

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
Looking for a favorable loan?
Business 11:34
Looking for a favorable loan?
Brent crude price surpasses $84 on global markets
Business 10:00
Brent crude price surpasses $84 on global markets
Gold and silver prices rise in commodity markets
Business 09:30
Gold and silver prices rise in commodity markets
8% interest for March 8: a special offer for women entrepreneurs!
Business 15:00
8% interest for March 8: a special offer for women entrepreneurs!
Kazakhstan increases oil transit via BTC in February
Business 13:00
Kazakhstan increases oil transit via BTC in February
Khamenei's son Mojtaba elected as new Supreme Leader
Business 12:30
Khamenei's son Mojtaba elected as new Supreme Leader

Crypto exchange update: Bitcoin slightly declines
Business 10:30
Crypto exchange update: Bitcoin slightly declines
Birbank announces the Winner of its New Year lottery apartment
Business 16:21
Birbank announces the Winner of its New Year lottery apartment
Oil rises as expanding US-Israeli conflict with Iran elevates supply risks
Business 10:30
Oil rises as expanding US-Israeli conflict with Iran elevates supply risks
Anews TV

Our official Youtube channel

Subscribe