MOROCCO

Azerbaijan is heading into 2024 with a solid boost in investments, holding the seventh spot on the list of prime destinations for foreign direct investment (FDI) in the coming year, Trend reports.

According to the annual FDI Standouts Watchlist research, Azerbaijan's consistent macroeconomic indicators played a critical role in making the country one of the top alternatives for FDI on a worldwide scale.

The STAR refinery of the State Oil Company of Azerbaijan has tested 28 different types of crude oil, head of the SOCAR Turkey Refinery and Petrochemicals Business Unit, director general of Petkim petrochemical complex Anar Mammadov said at a press conference for the Azerbaijani reporters.

Mammadov said that today the refinery buys oil mainly from Kazakhstan, Russia, Norway, as well as from Tunisia, Morocco, and the Mediterranean countries.