Italy Seeks Energy Security in Azerbaijan’s €2.5 billion SOCAR Refinery Deal
ROME — The Italian government is actively pursuing supply and employment guarantees as part of a potential acquisition of Italiana Petroli (IP) by Azerbaijan’s state oil company, SOCAR. The deal, estimated at €2.5 billion ($2.93 billion), would mark a significant shift in Italy’s energy landscape. IP, owned by the Brachetti Peretti family, operates over 4,500 […]
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