Azerbaijan’s State Oil Company (SOCAR) and Romania’s state-owned company Transgaz have signed a memorandum of understanding during a meeting of SOCAR President Rovnag Abdullayev with Ramona Nicole Mănescu, a member of the European Parliament, the chairman of the Transgaz Board of Administration, Ion Sterian, and the head of European Funds Accessing and International Relations Division of Transgaz, Chiprian Alich, in Baku.
The sides emphasized that the signing of the memorandum will strengthen the cooperation between SOCAR and Transgaz on the transportation of natural gas and intensify the joint activities on the natural gas markets of the South East Europe and Baltic region, APA reports.
Romania’s Transgaz and Azerbaijan’s SOCAR sign MoU

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