Azerbaijan sets up SOCAR-Turcas Refinery in Turkey

Azerbaijan sets up SOCAR-Turcas Refinery in Turkey
# 13 November 2008 15:10 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Oil Company of Azerbaijan (SOCAR) and Turkey’s Turcas Petrol A.S. has launched a joint venture SOCAR-Turcas Refinery, said Vagif Aliyev, SOCAR’s head of international investments.
He added that legal documents are being prepared at present.
SOCAR intends to build an oil refining complex near Turkish Port of Ceyhan where oil is pumped from Azerbaijan via BTC pipeline.
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THE OPERATION IS BEING PERFORMED