Thailand takes interest in development of promising hydrocarbon resources in Azerbaijan, said Vagif Aliyev, SOCAR official for international investments.

Thailand has recently sent a request to SOCAR, expressing its interest to develop promising hydrocarbon deposits in Azerbaijan.
“In response, SOCAR expressed its readiness to negotiate their proposals,” he added.
In total $40 billion was invested in Azerbaijan’s oil and gas sector as a result of 26 international oil and gas contracts with foreign firms between 1994 and 2000.
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APA/