SOCAR Aurora Fujairah terminal attracts new investor
09.22.2010 - NEWS
September 21, 2010 [abc.az/TankTerminals.com] - A joint project of the State Oil Company of Azerbaijan (SOCAR) and Aurora Progress group - Fujairah oil storage terminal - has turned out to be attractive for local investors.

According to the head of the Socar Investment Department, Vagif Aliyev, it is currently being considered if the local company from Abu Dhabi would join the project as a third investor.

“Together with Aurora, we have restructured the project. The preparatory works are currently underway and by the end of 2011 we plan to build a terminal with capacity of 340.000 tons”, – said Mr. Aliyev.

SOCAR is represented in the project by his daughter company Socar Trading SA, which forms a joint venture with SOCAR Aurora.

Terviva Secures Investment from Idemitsu to Scale Pongamia Production for SAF
01.15.2025 - NEWS
January 15, 2025 [Biofuels International]- Terviva has announced a strategic investment from inte... Read More
SAF One Acquires Green Biotrade to Boost Feedstock Supply Chain
01.15.2025 - NEWS
January 15, 2025 [Biofuels International]- SAF One, a platform focused on the development of glob... Read More
AGDC and Glenfarne to Develop $44 bln Alaska LNG Project
01.15.2025 - NEWS
January 15, 2025 [Reuters]- The Alaska state’s Alaska Gasline Development Corporation (AGDC... Read More
Guyana Exported 225 Crude Cargoes in 2024
01.15.2025 - NEWS
January 15, 2025 [Reuters]- Guyana exported 225 cargoes of crude oil in 2024, its energy minister... Read More