BAKU, Azerbaijan, April 7. Domestic demand for
petroleum products has been discussed, and instructions were given
to the State Oil Company of Azerbaijan (SOCAR) at a joint meeting
of the Economic Council and the Supervisory Board of Azerbaijan
Investment Holding (AIH), chaired by the Prime Minister Ali Asadov,
the Cabinet of Ministers told Trend.
The agenda of the meeting included a detailed discussion of the
strategic development of the oil, gas, and petrochemical industry
in Azerbaijan, including strategic goals related to oil refining
and petrochemicals, future development prospects, sustainable
provision of domestic demand for long-term petroleum products, and
other current issues.
SOCAR President Rovshan Najaf made a presentation on the
agenda.
The meeting was attended by members of the Economic Council and
the Supervisory Board of the AIH, as well as invited guests,
including the Chairperson of the Board of Directors and the Chief
Executive Officer of the AIH.
At the end of the meeting, relevant decisions were made, and
instructions were given to the Board of Directors of the AIH,
SOCAR, and relevant agencies.
