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Azerbaijan's oil giant begins natural gas supplies to Bulgarian industrial enterprises

21 June 2024 15:27

The State Oil Company of Azerbaijan (SOCAR) has commenced natural gas supplies to industrial enterprises in Bulgaria, marking a significant milestone in energy cooperation between the two nations.

According to Caliber.Az, this development follows an agreement between the governments of Azerbaijan and Bulgaria. The agreement covers various areas of collaboration, with a strong emphasis on furthering cooperation in the energy sector. This initiative is a key component of SOCAR's strategy to expand its commercial activities within the European gas market, demonstrating Azerbaijan's commitment to enhancing energy partnerships with European countries.

The commencement of natural gas supplies is the result of successful cooperation between SOCAR, M-Gaz, and Asarel Medet. The supplied natural gas will be used to fuel industrial enterprises in Bulgaria, contributing to the stability and sustainability of the country's energy supply.

Caliber.Az
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