SK-AIH and SOCAR sign an agreement on energy

16:36 - 21.10.2025


October 21, Fineko/abc.az. The Kazakhstan-Azerbaijan Investment Fund (SK-AIF) and the State Oil Company of Azerbaijan (SOCAR) have signed a framework agreement as part of Azerbaijani President Ilham Aliyev’s state visit to Kazakhstan.

ABC.AZ informs, referring to Samruk-Kazyna.

"Under the signed agreement, the parties plan to define a portfolio of joint projects in the energy sector, including renewable energy sources and energy efficiency. The SK-AIF will act as a minority shareholder. The cooperation opens up new opportunities for the development of the green economy and the expansion of investment ties between Kazakhstan and Azerbaijan," the statement says.