Socar and Eni discuss advancing joint project cooperation in third-party countries

Azerbaijan's Minister of Economy revealed that the country's national oil company, Socar, is in discussions with Italy's Eni Group, with plans to expand bilateral cooperation by launching joint projects in third-party countries. At present, the two companies have not disclosed details regarding the specific business sectors, targeted countries, or the expected investment scale of this proposed cooperation. The progress of their future collaboration is also expected to impact the regional energy market landscape.