A delegation from Chevron, headed by Derek Magness,
the executive director of the Kazakhstan-based Eurasia Division, recently
visited Azerbaijan to explore alternatives to the Caspian Pipeline Consortium
(CPC). This visit highlights Chevron’s strategic interest in diversifying its
transportation options in the region. During their trip, the delegation toured
the Sangachal Terminal, one of the key facilities for oil and gas operations in
Azerbaijan. The terminal plays a crucial role in the transportation and export
of hydrocarbons from the Caspian Sea. The visit included discussions with
representatives from SOCAR Midstream, the subsidiary of the State Oil Company
of Azerbaijan Republic, which manages the country’s oil and gas infrastructure.
The delegation’s focus on seeking alternatives to the CPC reflects the evolving
landscape of energy transportation in the region and Chevron’s commitment to
finding efficient and reliable solutions. This engagement underscores the
importance of collaboration between Chevron and local partners, aiming to
enhance operational efficiency and ensure the continued growth of energy
production and export in Azerbaijan.

