Ramco embarks on talks with SOCAR

After the unsuccessful completion of drilling operations on the first exploration well on "Muradkhanli", the project operator, Ramco, has started negotiations with SOCAR.

A Ramco source told AssA-Irada Monday that considering a particular importance of the talks, their gist is not being elaborated. The only information available is that the negotiations are focusing on two alternatives: suspension of work on the field and further benefits from SOCAR.*