Baku 21° C
SOCAR's investments in projects in Türkiye exceed $18.5 billion
Energy
- 06 January, 2025
- 07:08
Add Report.az to preferred Google sources
Stay up to date with the top news!
The volume of investments by the State Oil Company of Azerbaijan (SOCAR) in Türkiye has exceeded $18.5 billion over 17 years of operations in this country, SOCAR Turkiye Enerji CEO Elchin Ibadov said at a press conference in Istanbul.
According to Report, he noted that SOCAR Turkiye Enerji's structure includes 32 companies.
"In the next five years, we aim to become a company with a high level of integration in oil refining and petrochemicals," he said.
Ibadov added that during this period, the company intends to become an uninterrupted and efficient supplier of gas and energy, and continue sustainable development.
Author
SOCAR-ın Türkiyədəki layihələrə investisiyalarının həcmi açıqlanıb
Инвестиции SOCAR в проекты в Турции превысили $18,5 млрд
Latest News
14:05
Trump, Emir of Qatar mull Middle East de-escalation
Other countries
13:54
Deputy Minister: Nearly 176,000 people explored career opportunities at PeşəFest 2026
Social security
13:52
Azerbaijan sets up Blue Zone pavilion for COP31 in Antalya
Ecology
13:46
Photo
Georgian delegation visits special educational institutions under National Defense University
Military
13:38
Azerbaijan's total tax benefits and exemptions to reach AZN 7.6B in 2027
Finance
13:36
Death toll from Russian strike on Kamyshevakha rises to 53
Other countries
13:20
Minister: Education, science spending amounts to 3.8% of Azerbaijan's GDP
Education and science
13:10
First phase of Soltanli village inaugurated in Jabrayil district
Domestic policy
13:07
Hikmat Hajiyev: Azerbaijani Radio played crucial role in dissemination of national values
Media