Baku, Azerbaijan, Feb. 1
By Maksim Tsurkov - Trend:
Indonesia is interested in mutual investments in the oil and gas industry together with Azerbaijan, SOCAR's Deputy Vice President for Investments and Marketing Vitaliy Baylarbayov told Trend Feb. 1.
He said that the Indonesian side expressed interest in investing in oil and gas sector of Azerbaijan.
"There are no specific proposals for now, and only interest was expressed, as Indonesia experiences a certain lack of oil and condensate and intends to fill it in both through the ongoing supply of high-quality and environmentally friendlier Azeri Light and the possible increase of volumes by direct participation in Azerbaijani projects," said Baylarbayov.
"On our side, there is a certain interest in increasing the supply of Azerbaijani oil and oil products to Indonesia and the investments in infrastructure projects in Indonesia, for example, in the construction or expansion of terminals for storage and transshipment of oil and oil products," he said.
---
Follow the author on Twitter: @MaksimTsurkov
