President of the State Oil Company of Azerbaijan Republic (SOCAR) Rovshan Najaf in a meeting with the Chairman of Türkmengaz (Turkmen) State Concern Batyr Amanov and the Chairman of Türkmennebit (Turkmen Oil) State Concern Guvanch Agajanov on Tuesday discussed current and future cooperation opportunities.
The sides also exchanged views on various issues of joint cooperation, SOCAR said in its press release.
The meeting participants stated that mutually beneficial relations between Azerbaijan and Turkmenistan are successfully developing in different fields, including in the energy sector.
The parties also expressed satisfaction with the fruitful cooperation between SOCAR and state concerns Türkmengaz and Türkmennebit, and also noted that operations between the parties are successfully carried out in the field of refining, trade, transportation of crude oil and in other spheres.
Azerbaijan currently imports Turkmen natural gas in accordance with the trilateral gas swap agreement between Turkmenistan, Iran and Azerbaijan. The agreement provides for the supply of 1.5-2 billion cubic meters of Turkmen gas per year to Azerbaijan through Iran.