Azeri Socar Eyes Houston Office

摘要

Azerbaijan state oil company Socar's trading division is looking to expand in North America, having opened an office in Calgary in recent months and eyeing a second one in Houston, its chief executive told Reuters. The company, which opened an office of some 15 staff in Calgary, is moving away from being just a state-owned marketing arm and is now trading local Canadian crude grades, natural gas and financial derivatives. It also holds some storage at Cushing, Oklahoma.