Azernews.Az

By Aynur Jafarova

Azerbaijan's state energy company SOCAR plans to launch 10 new filling stations under its own brand in Romania in 2015.

The news was announced by Head of SOCAR's Romanian office Hamza Karimov on September 25.

He noted two filling stations under the SOCAR brand in the Romanian Sibiu and Bistrita cities will be put into operation by late 2014.

Currently, the total number of SOCAR filling stations in Romania is 30.

Azerbaijan's energy giant SOCAR entered the Romanian market after buying local filling stations from Romtranspetrol and re-branding them in 2011. To become one of the most important players in fuel distribution in northeast Romania, SOCAR plans to increase the number of its gas stations in Romania to 100.

SOCAR, which is keen on expanding operations in the retail oil products market abroad, is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in the domestic and international markets, and supplying natural gas to the industry and public in Azerbaijan.

The company owns some gas stations in Azerbaijan, Switzerland, Georgia, and Ukraine at the moment.

It has representative offices in Georgia, Turkey, Romania, Austria, Switzerland, Kazakhstan, Britain, Iran, Germany, and Ukraine, and trading companies in Switzerland, Singapore, Vietnam, Nigeria, and other countries.