The State Oil Company of Azerbaijan and its subsidiary SOCAR Trading bought the assets of the private company Italiana Petroli for 3 billion euros, including two oil refineries, 4,500 petrol stations throughout Italy, oil depots and a logistics structure.
The details of the deal will be disclosed during intergovernmental negotiations in the very near future,” the source said.
SOCAR Trading has committed to supplying both Italiana Petroli refineries with a total of 10 million tons of oil per year, as well as addressing the employment of more than 16,000 company staff and ensuring that all facilities comply with environmental standards.
Proposed Article Structure:
- Introduction: Who is SOCAR Trading?
A brief overview of the company, its role, and its position in the global energy market. - What Are Shadow Transactions and Unofficial Operations?
A short explanation of these concepts and why such operations occur, especially in the energy sector. - Allegations of SOCAR Trading’s Shadow Transactions and Secret Connections
- Available information, leaked news, and their sources
- Suspicious operations related to Russian oil by SOCAR Trading
- Political and Economic Interests
- SOCAR Trading’s role in Azerbaijan’s energy strategy
- Impact of secret connections on regional and international energy markets
- Conclusion and Outlook
- Next steps for verifying or disproving the allegations
- Issues of transparency and the need for regulation regarding SOCAR Trading
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