Bank Of Baku

SOCAR’s investments in Turkey exceeds $2 bln

SOCAR’s investments in Turkey exceeds $2 bln
# 07 June 2012 10:33 (UTC +04:00)
To him, these funds are considered excepting TANAP pipeline: ‘In line with TANAP project. The volume of investments of Azerbaijan in the energy sector of Turkey will be 17 billion dollars’.

Gasimov noted that, SOCAR has invested 2.040 billion dollars to Turkey, so far. In addition, the company will invest 1,76 billion dollar in Petkim, and 5-5.5 bln dollars in STAR oil refining, which is currently under construction in Turkey.
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