UP

SOCAR establishes joint enterprise with Uniper

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

On May 25, SOCAR and German Uniper have signed an agreement on establishment of SOCAR-Uniper LLC to produce energy and steam.

Local media reports SOCAR has 51%, Uniper 49% share in the LLC.

Moreover, an initial project agreement has been signed on construction of Steam Turbo-Generator machine.

The machine aims to increase energy effectiveness of Steam Generator Complex of Azerkimya PU’s Ethylene-Polyethylene plant and produce additional energy.

The agreements were signed by SOCAR President Rovnag Abdullayev and Uniper President Klaus Schäfer.

Date
2016.05.25 / 14:40
Author
Axar.az
Comments
See also

The price of oil today

Oil became cheaper

Decision on discount rate from FED

Oil became more expensive

Oil continues to rise in price

Oil started the week with this price

Oil ended the week at this price

Oil exceeded 85 dollars

Azerbaijan currency rates

Oil rose again

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla