On August 27, Rovshan Najaf, President of the State Oil Company of Azerbaijan (SOCAR), met with a delegation led by Wang Kang, Vice President of the Export-Import Bank of China.

The meeting noted the successful development of cooperation between SOCAR and Chinese companies and financial institutions, with several major projects being implemented to expand ties across various sectors, The Caspian Post reports, citing SOCAR.

The Chinese delegation was briefed on SOCAR’s projects in Azerbaijan and abroad, as well as initiatives planned for the future.

The sides also reviewed projects carried out by the Export-Import Bank of China, a Chinese government financial institution supporting overseas investment and international economic cooperation.

The parties discussed potential cooperation in different areas of the energy sector, including oil refining, and exchanged views on matters of mutual interest.