SOCAR Trading is exploring expansion into new markets across Asia, Africa, and Europe, including Bangladesh, Pakistan, and Africa.
2 reports, 1 independent
Updated Jul 2
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What happened
SOCAR Trading is exploring expansion into new markets across Asia, Africa, and Europe, including Bangladesh, Pakistan, and Africa.
Who's involved
What this event is mainly aboutKeep exploring
Part of
SOCAR, the major energy company in Azerbaijan, is strategically shifting its focus from relying solely on oil and gas to developing a more diversified energy portfolio.Also in this story
- SOCAR is forming new strategic partnerships with ExxonMobil, TotalEnergies, and Apollo for major gas projects.
- IE University and SOCAR agreed on cooperation regarding energy transition and AI strategic priorities.
- SOCAR plans to incorporate electric compressors from companies like Baker Hughes into its operations.
- SOCAR collaborated with Boston Consulting Group on methane reduction and joined the Oil and Gas Decarbonization Charter.
The entities involved
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Bangladesh
country in South Asia
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Pakistan
sovereign state in South Asia
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Africa
continent
Related events
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- Indian companies and the Indian Army are expanding their market reach into the Middle East and African nations.
- Fuelbuddy is expanding its operations into African markets and is also operating in India.
- Trade market pressures between the two countries have been observed since August 1st.