Exxon Mobil (XOM) and BP (BP) signed deals Monday with Azerbaijan's state energy company SOCAR, Reuters reported, citing an event at a conference in Baku.
Azerbaijan plans to increase natural gas exports by 8 billion cubic meters by 2030, President Ilham Aliyev as saying at Monday's conference, according to the Reuters report.
Exxon Mobil, BP, and SOCAR did not immediately reply to MT Newswires' request for comment.
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