Tag Archives | SOCAR

NOC warns Oil Market against Illegal Contracts

By John Lee. The National Oil Corporation (NOC) has reasserted that it is the only body authorised by the United Nations to export crude oil and oil products from Libya. The NOC confirmed that term contracts covering the entire production for 2017 for all Libyan crude grades have already been entered with 16 international oil […]

Socar Denies Report of Plans for Refinery, Gas Stations in Libya

State Oil Co. of Azerbaijan, or Socar, denied reports it plans to build an oil refinery and filling stations in Libya. “We are not implementing any project in Libya,” Socar President Rovnaq Abdullayev told reporters in Baku yesterday. “No Socar official has been to Libya.” Agasalim Shukurov, the Azeri ambassador in Tripoli, told Libya’s Oil […]

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Azeri firm plans refinery, petrol stations in Libya

Azeri state energy company SOCAR plans to build an oil refinery and a chain of petrol stations in Libya under its own brand, the Azeri Foreign Ministry said. Azerbaijan's ambassador handed SOCAR's proposals to the Libyan oil and gas minister at a recent meeting in Tripoli, the ministry said in a news release on Monday. […]