NEWS

Service agreement under the SOCAR Polymer Project was signed in China

On 15 May 2017, a service agreement was signed in Beijing between the Azerbaijan State Oil Company (SOCAR) and the Chinese National Oil and Gas Corporation (CNPC) for the development of a preliminary detailed design of the Gas processing plant and Polyethylene petrochemical complex to be constructed under the SOCAR Polymer Project in the Garadagh District of Baku.
 
The agreement was signed during the international forum "One Belt, One Way". This agreement is designed to govern the services to be provided by HQC (CNPC’s subsidiary) and "Technip Italy" Company for the development of a preliminary detailed design for the SOCAR Polymer Project. The signing ceremony was attended by SOCAR’s President Rovnag Abdullaev and CNPC’s Chairman Wang Yilin.