SOCAR Strengthens Ties With Turkmenistan

After eyeing business opportunities in Greece and Bulgaria, Azerbaijan confirmed its commitment to increase ties with Turkmenistan. 

‘President of Turkmenistan Gurbanguly Berdimuhamedov received Socar President. He emphasized the importance of bilateral friendly ties and neighborhood relations between Turkmenistan and Azerbaijan,’ reads a note released on Wednesday.

The parts discussed opportunities in the energy sector, reviewing joint projects.

‘Both of the Caspian countries pay special attention to development of energy sector. It was noted that the two countries having colossal resources and economical potential are willing to continue developing traditional cooperation based on the principles of equality and mutual benefit.’ 

Earlier this week, SOCAR clinched two contracts with two Bulgarian companies.