BAKU, Azerbaijan, June 1. SOCAR aims to
transform from a traditional oil and gas company into an energy
company in a short time, the company's Deputy Vice President Hikmat
Abdullayev said at panel discussions within the framework of the
31st International Caspian Oil and Gas Exhibition in Baku today,
Trend reports.
He noted that SOCAR, along with having an important position in
the regional energy market, has extensive opportunities to
implement the transformation process in a short time.
According to him, as one of the largest energy suppliers in the
region, SOCAR has the ability to influence both industrial and
environmental indicators, and this advantage creates significant
responsibilities and opportunities for the company.
"SOCAR has developed extensive experience and capabilities in
operational and environmental areas; all plans and projects have
been systematized and formally structured. Currently, the company
is fully prepared to move to the next stage using existing tools.
The goal is to transform a classic oil and gas company into an
energy company in a short time and demonstrate this transformation
with real results," he explained.
Furthermore, Hikmat Abdullayev stressed that this process is
consistent with energy and environmental goals implemented not only
at the company level, but also at the country level.
He added that the transformation process is planned to be
accelerated by translating existing knowledge and experience into
practical measures.
Stay up-to-date with more news on Trend News
Agency's WhatsApp
channel
