Davos, Jan. 22 -- The State Oil Company of the Republic of Azerbaijan (SOCAR) announced it will finalize its investment in Pakistan's oil and gas sector in February. The announcement was made by SOCAR President Rovshan Najaf during a meeting with Pakistan's Finance Minister Muhammad Aurangzeb at the World Economic Forum.

Najaf described Pakistan as a natural long-term energy partner, highlighting the country's growing energy demand, market depth, and ongoing reforms in the oil and gas sector. He emphasized SOCAR's experience as a peer state-owned energy company from an emerging economy, making it a credible partner for Pakistan.

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SOCAR currently operates in Pakist...