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SOCAR, Tatneft ink roadmap on cooperation

"The document provides for cooperation in spheres of oil production and refining, sales of oil and petrochemical products, development of human capital and in other areas, and experience sharing," the Azerbaijan’s Economy Ministry said

BAKU, November 3. /TASS/. The State Oil Company of Azerbaijan Republic (SOCAR) and Russian oil producer Tatneft signed a roadmap on cooperation, the press service of the Azerbaijan’s Economy Ministry said.

The document was signed at the meeting of Azerbaijan’s Economy Minister Mikayil Cabbarov and SOCAR President Rovshan Najaf with Tatneft CEO Nail Maganov in Baku, the ministry informed.

"The document provides for cooperation in spheres of oil production and refining, sales of oil and petrochemical products, development of human capital and in other areas, and experience sharing," the ministry said.

Satisfaction of successful development of the partnership with Tatneft was expressed at the meeting and priority areas for cooperation and opportunities for interaction in the energy sphere were considered, the press service added.