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SOCAR's investments in Türkiye near $20B
Energy
- 12 May, 2023
- 08:32
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The total investment made by the State Oil Company of Azerbaijan (SOCAR) in Türkiye amounted to $18 billion, Anar Mammadov, the Head of the SOCAR Türkiye Processing and Petrochemical Division and the General Director of Petkim Petrokimya Holding, said at the press conference held on Friday, Report informs.
According to him, of this, $10 billion were invested only in the Aliaga district of the Izmir city.
Mammadov noted that today SOCAR's market share in Turkish petrochemical products is 12%: “The company can meet 25% of the country's demand for oil products.”
He noted that SOCAR Türkiye provides 20-25% of the country’s need for diesel.
Author
SOCAR Türkiyəyə yatırılan investisiyaların həcmini açıqlayıb
SOCAR обнародовал объем инвестиций в Турцию
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