Growing global expansion and revenue generation of oil and gas in Azerbaijan

Here are some comments from me regarding growing global expansion and revenue generation of the oil and gas business centered on developments inside Azerbaijan as SOCAR Trading marks 20 years.

"-Azerbaijan, SOCAR, SOCAR Trading and their international partners continue to produce huge social benefits for the national good and energy security around the region, making SOCAR one of the biggest names on markets around the world.

Commenting on the historic groundbreaking agreement made 20 years ago in Baku on the development of national energy resources by more than 13 of the world's most important oil majors, Mr. Alizade noted the importance of ventures that have changed the face of the energy business around the world and produced new volumes of crude and also greater valuations, in particular:

-The world-class partnership between SOCAR, SOCAR Trading and companies like BP, Amoco, Exxon, LUKoil and others have generated investments exceeding more than 50Billion US Dollars.

-SOCAR Trading's world-class operations have greatly expanded the scope and reach of sales, entering into refineries stretching from Europe to the Middle East to Asia and Africa.

-SOCAR Trading because of its professional services and high governance accounting standards yielded cumulative funds greater than 1.1Billion US Dollars to the Azerbaijan Treasury over the past 5 years."

http://www.socartrading.com/en/20th-anniversary-of-contract-of-the-century-331.html

This is for our country, SOCAR and SOCAR Trading a record of international cooperation and investment in our nation and marketplace that is a model of its kind, without precedent in the region.

Thanks for reading,

Anar.

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UGE -Tapping into the best of both worlds between Baku and Dubai

For more than 10 years I have been operating my UGE companies between Baku and Dubai, working with national and international partners, and where Dubai acts as a gateway to Baku just as Baku is a bridge to Dubai.

Let me explain what I mean and help make clear how we at Union Grand Energy are accelerating material exchanges, logistical services and learning between Baku and Dubai.

Our work in energy, construction, trade and technology development forms a natural synergy, between companies, cultures and markets-we transfer what we learn, apply and know from one location to the other.

It means that we have been able to attract high levels of national and international capital and investment.

We started with advanced computer electronics, which quickly became a model for further applications and high-tech services, trading and manufacturing.  Where we could we created the design and blueprints for these systems ourselves, and then 'exported' them to our other businesses. This kind of entrepreneurship helped our companies grow and expand in Baku, and have created a bigger more modern domestic marketplace.

It also makes us more innovative, open and competitive, where we know and understand how business gets done, working inside stable and predictable environments, where we welcome foreign investment.

What matters most to us wherever we are working is protecting and promoting the domestic interest of a country and public in all our ventures, helping support national economic and social fundamentals.

Thanks for reading,

Anar.

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