Bank Of Baku

Petkim starts negotiations to increase stake in STAR

Petkim starts negotiations to increase stake in STAR
# 20 August 2015 08:49 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. Petkim Petrochemical Holding A.S. has started negotiations with the SOCAR Turkey to get stake in STAR Oil Refinery.

 

According to Turkish media, Management Board of Petkim Petrochemical Holding A.S. passed a decision to start negotiations with SOCAR Turkey Energy A.S. to get 12-14% stake in STAR Oil Refinery.

 

Currently, SOCAR Turkey Energy A.S. has 59.99% stake in STAR Oil Refinery.

 

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