SOCAR strengthens fight against corruption

New standards in combating corruption will be used in SOCAR to prepare for its transition to international standards from January 1, 2013, SOCAR said today.

According to the report, nine new standards were prepared in the field "Combating corruption and improving transparency" in the form of a collection.

SOCAR includes the Azneft production association (the companies producing oil and gas on and offshore), the Azerkimya industrial association (chemical enterprises) and Azerigaz industrial association (gas distribution).

SOCAR is the only producer of oil products in the country (it has two refineries on its balance sheet) and also owns petrol stations in Azerbaijan, Georgia, Ukraine, Romania and Switzerland. SOCAR is co-owner of the largest Turkish petrochemical complex Petkim.


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