SOCAR`s investments in Turkey exceed $15 bn


October 11, Fineko/abc.az. After the acquisition of Petkim, SOCAR Terminal for $400 million, Star refinery for $6.3 bn, investments for $600 million, as well as the TANAP project for $6.5 bn, SOCAR's investments in Turkey exceeded $15 bn, stated Anar Mammadov, executive director of Petkim PetroKimya Holding A.Ş, at a press conference on 10 October.

"SOCAR with the current projects will bring this figure up to $19.5 bn. After the completion of investment projects, the Company plans to become one of the three largest holdings in Turkey and the first one in the industry," Mammadov said.