...

SOCAR Turkey discloses sales volume of oil products

Oil&Gas Materials 1 June 2020 13:28 (UTC +04:00)
SOCAR Turkey discloses sales volume of oil products

BAKU, Azerbaijan, June 1

By Nargiz Ismayilova - Trend:

The total volume of oil products sold by SOCAR Turkey Enerji A. S. on the Turkish domestic market, amounted to 48,431 tons from January through March 2020, Trend reports referring to a report posted on the website of the Turkish Energy Market Regulatory Authority (EPDK).

SOCAR Turkey Enerji A. S. is a subsidiary of State Oil Company of Azerbaijan (SOCAR),

During the reporting period, the share of SOCAR Turkey Enerji 's products in the Turkish market amounted to 0.73 percent.

In March 2020, the volume of oil products sold by SOCAR Turkey Enerji amounted to 17,229 tons, said the report.

In 2019, 333,002 tons of oil products were sold by the company on the Turkish domestic market.

SOCAR Turkey Enerji A. S., one of the global oil and gas companies with most extensive network of enterprises, began its business activity in Turkey after acquiring 51 percent of Turkish Petkim company in 2008.

The company staff in Turkey is 5,000 people, and the annual export potential reaches $3 billion. SOCAR's current assets in Turkey include the Petkim complex as well as the STAR and Petkim refineries.

(1 USD = 1.7 manat on June 1)

---

Follow the author on Twitter: @IsmailovaNargis

Tags:
Latest

Latest