Azerbaijan’s Socar completes the extraction of 10% Tamar Stake
Union’s energy, controlled by the Israeli businessman Aaron Fenkel, completed the allocation of 48.3% of the offstore gas parts in the Republic of Azerbaijan (Socar). The agreement, to provide Socar a 10% stake in Tamar, the amount estimated is $ 1.25 billion. The agreement, which was revealed by “globes” and signed six months…