Caspian Energy Journal Caspian European Club
Monday, 21 May 2018 17:00

SOCAR President receives SINOSURE delegation

Today President of SOCAR Rovnag Abdullayev has received a delegation chaired by Chairman and Chief Executive Officer of the China Export and Credit Insurance Corporation (SINOSURE) Wang Yi, Caspian Energy News ( reports with reference to the statement of SOCAR.

The sides discussed prospects of involving Chinese companies in the projects implemented by SOCAR in the fields of exploration, production, transportation, refining and chemistry. They stressed the importance of information exchange between SINOSURE and SOCAR with the purpose of attracting investments from Chinese companies in the Azerbaijan economy, as well as investment opportunities for Chinese companies in regions where SOCAR is working.

SINOSURE is the only Chinese company specializing in export credit insurance. The company started operations in December 2001 and is headquartered in Beijing. In recent years, the company has insured investments worth $187.2 billion and medium- and long-term export credits worth $141.4 billion. Currently, SINOSURE is serving 85,000 customers around the world.

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Person in charge of the newsline: Fidan Isayeva

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