SOCAR president meets with ITFC CEO 

  15 September 2023    Read: 649
SOCAR president meets with ITFC CEO 

President of the State Oil Company of Azerbaijan (SOCAR) Rovshan Najaf has met with Hani Salem Sonbol, CEO of the International Islamic Trade and Finance Corporation (ITFC), reports.

The sides expressed satisfaction with the long-term fruitful relations between Azerbaijan and the Islamic Development Bank, and the importance of projects implemented by the bank in Azerbaijan in various areas, including in the energy sector was noted.

During the meeting, information was presented on investment projects implemented by SOCAR, it was noted that the sustainable production of hydrocarbon resources, the development of renewable energy sources, as well as the introduction of digital and innovative technologies were identified as priority areas.

The parties reviewed potential opportunities for cooperation in the areas of infrastructure projects, renewable energy sources, decarbonization and digitalization, and exchanged views on other issues of mutual interest.

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