SOCAR Azerbaijan's Chief Executive Officer, Rovnag Abdullayev (pictured), has said that the company has established close cooperation with international financial institutions, achieving confidence in these circles that will help power substantial investments. Speaking at a meeting with BNP PARIBAS (SUISSE) Chief Executive Officer Pascal Boris, Abdullayev said that Azerbaijan has created all the necessary legal possibilities for making investments.
Abdullayev said that there were a number of projects that BNP Paribas is interested in supporting, and expressed confidence that cooperation between the two entities would expand. SOCAR, which operates two refineries and owns petrol stations in Azerbaijan, Georgia and the Ukraine, purchased a network of fuel stations in Switzerland last year, and is co-owner of the largest Turkish petrochemical complex, Petkim. Through SOCAR Trading, the company carries out oil trading in various regions of the world.