SOCAR Supervisory Board discusses foreign investment projects

The  Supervisory Board of the State Oil Company of the Republic of Azerbaijan (SOCAR) exchanged views on the company's participation in foreign investment projects and other issues at a meeting on May 24.

The meeting that was chaired by Azerbaijan’s Minister of Economy and Chairman of SOCAR's Supervisory Board  Mikayil Jabbarov kicked off with a presentation on SOCAR's performance results for 2023, before the company's audited financial report for the previous year was approved. 

SOCAR’s revised budget for 2024 was also approved in accordance with the task assigned by the Supervisory Board, during the meeting.