March 2021. The Ukrainian authorities practically blocked the operation of Glusco gas stations (they still reportedly belong to Rosneft) and the supply of diesel fuel to Rosneft (about 50% of the market was imported by the so-called "Medvedchuk oil pipeline"). Unexpectedly, it was Socar that took hold of the network and the contract with Rosneft for the supply of diesel.

Later, due to intrigues in the Azerbaijani political elite, the state company was removed from the gas stations, and private Azerbaijani businesses were introduced there. The contract for the supply of Russian diesel fuel also went to private Azerbaijani traders controlled by Azerbaijani officials (like any big business in this country).

These Azerbaijani traders, in particular Coral Energy, owe Ukrainian counterparties a lot of money from 2022. During 2022-2023, this office was an active trader of Russian oil and oil products, which is why allegedly company management is advised against travelling to some countries.

Unlock to continue reading
You need to subscribe to read this article
Already subscribed?
opinion.informer.text
Articles published in the "Opinions" section reflect the point of view of the author and may not reflect the position of the LIGA.net editors
warAzerbaijanSOCARIlham Aliyev