Malaysia’s Petronas interested in expanding ties with SOCAR

Malaysia’s Petronas oil and gas company is interested in further expanding the ties with the State Oil Company of Azerbaijan (SOCAR), said Petronas President Datuk Wan Zulkiflee Wan Ariffin in Baku.

He made the remarks during a meeting with SOCAR President Rovnag Abdullayev, said SOCAR’s website.

During the meeting, Abdullayev talked about the long-term effective cooperation between SOCAR and Petronas and noted that the companies will continue their successful joint activities.

Petronas president, for his part, said that his company is proud of participating in the international large-scale projects in Azerbaijan.

These projects are of great importance for Petronas and Malaysia in general, he said, adding that the company successfully participates in the Shah Deniz 2 project.

Abdullayev pointed out that the work as part of the Stage 2 of development of Shah Deniz field is on the schedule and the partners in the project work as a team in order to timely and successfully complete the project’s implementation.

Petronas has 15.5 percent shares in the project for development of Shah Deniz gas and condensate field and in the South Caucasus Pipeline Company each, as well as 12.4 percent share in Azerbaijan Gas Supply Company (AGSC).

Source: Trend