UP

SOCAR-CNG and İmprotex Trucks & Buses sign agreement

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
SOCAR-CNG and İmprotex Trucks & Buses sign agreement

A subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR) - SOCAR-CNG, engaged in the production and sales, compressed natural gas (CNG), and İmprotex Trucks & Buses, included in the group of companies, signed Letter of Intent on co-operation, Report was informed by SOCAR-CNG LLC.

Under the agreement, the parties plan to cooperate in introduction of CNG as motor fuel in Azerbaijan.
SOCAR-CNG and LLC İmprotex Trucks & Buses will cooperate in areas such as the conversion of gasoline and diesel to CNG, offering customers monofuel (ie equipped with engines running on CNG original equipment) vehicles, the evaluation of the positive environmental and economic effect of the introduction of CNG as motor fuel, and ensuring safe operation.

"It is expected that the result of this collaboration will give a significant impetus to the further development of the country's fuel market", the company said.

Date
2016.06.21 / 20:30
Author
Axar.az
See also

Azeri Light crude climbs to $120.02

Azeri Light crude rises to $113.32

Azerbaijan’s strategic reserves hit $90.77 billion

Oil prices continue to rise

Azeri Light climbs above $107

CBA's foreign exchange reserves reach historic high

Oil prices climb on global markets

Oil prices continue to rise in global markets

Oil prices rise again on global markets

Azeri Light climbs above $101 per barrel

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