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Caspian Energy Journal Caspian European Club
Monday, 11 September 2017 18:00

Delegation of the Ministry of Economy visits SOCAR Methanol plant

Delegation of the Ministry of Economy visits SOCAR Methanol plant

Head of the Industry Department of the Ministry of Economy of Azerbaijan Araz Guliyev and Deputy Head of the Department Fikrat Gurbanov have visited the methanol plant operating under SOCAR Methanol, Caspian Energy News (www.caspianenergy.net) reports with reference to SOCAR Methanol.

Excursions were organized for the guests at the plant. They were briefed about the production process. At the meeting the sides discussed issues of mutual interest and exchanged views on prospects of production activity.

It should be noted that in November 2016 the methanol plant was handed over under the management of SOCAR Methanol, the subsidiary of SOCAR. This August the plant became the property of SOCAR.

In January-August this year, the plant produced 186,000 tonnes of methanol. Over 90% of production is exported. This year the plant is expected to produce 250,000 tonnes of methanol.

More details: http://www.socarmethanol.az/news/view-article/79

Person in charge of the newsline: Fidan Isayeva 

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