On December 18, 2024, SOCAR President Rovshan Najaf held a meeting with Károly Mátrai, CEO of the Hungarian company MVM Group.
During the meeting, both parties expressed satisfaction with the successful cooperation between SOCAR and MVM Group. It was highlighted that MVM Group joined the Production Sharing Agreement for the Shah Deniz field, one of the world's largest natural gas-condensate fields, in the third quarter of this year, marking its entry into Azerbaijan's oil and gas market as a new energy participant.
The parties discussed cooperation opportunities, renewable energy topics, prospective projects, and other issues of mutual interest.