SOCAR, Turkish Petroleum focus on co-op expansion
Baku, Azerbaijan, Dec. 26
By Anvar Mammadov – Trend:
Azerbaijan’s state oil company SOCAR and Turkish Petroleum company (Türkiye Petrolleri) have discussed the possibilities for the expansion of cooperation between the two companies, SOCAR said in a message.
This was discussed during the meeting of SOCAR President Rovnag Abdullayev and Chairman of Board and Director General of Turkish Petroleum company Melih Han Bilgin.
SOCAR has recently diversified its activity - the company implements big projects not only in Azerbaijan, but also in promising foreign markets, including Turkey.
Such big projects as the Trans Anatolian Natural Gas Pipeline (TANAP), STAR refinery, will be implemented in the coming months. TANAP, STAR refinery will be put into operation next year, which will have a positive impact on the income of Azerbaijan and Turkey.
Bilgin stressed the existence of great prospects for the expansion of cooperation. He stressed that the participation of Turkish companies in the projects being implemented in Azerbaijan and the participation of Azerbaijani companies in Turkish projects play a very important role for the economies of both countries.