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SOCAR Turkey’s petroleum products exports revealed

Oil&Gas Materials 24 July 2020 14:04
SOCAR Turkey’s petroleum products exports revealed

BAKU, Azerbaijan, July 24

By Leman Zeynalova - Trend:

SOCAR Turkey Petrol Enerji Dağitim Sanayi Ve Ticaret A.S. exported 1.450 million tons of petroleum products in 2019, as compared to 167,509 tons in 2018, Trend reports citing Turkey’s Energy Market Regulatory Authority (EPDK).

The company exported 809,101 tons of diesel types, 192,706 tons of fuel types, 354,785 tons of aviation fuels and 93,855 tons of marine fuels in 2019.

This is while in 2018, SOCAR Turkey Petrol Enerji Dağitim Sanayi Ve Ticaret A.S. exported 79,056 tons of aviation fuels and 88,452 marine fuels.

Bunker delivery of aviation fuels by the company within Turkey stood at 127,196 tons in 2019.

Socar Turkey Petrol Enerji Dagitim Sanayi Ve Ticaret A S was founded in 2011. The company's line of business includes the wholesale distribution of crude petroleum and petroleum products.

SOCAR Turkey Enerji A.S. (SOCAR Turkey), a subsidiary of SOCAR (State Oil Company of Azerbaijan Republic) which is one of the most deep-rooted global oil and natural gas companies, initiated its business operations in Turkey upon acquisition of 51 percent of the shares of Petkim from the Privatization Administration in 2008.

Drawing attention with its giant projects realized one after another which will have a total investment value of 19.5 billion US Dollars once completed, SOCAR Turkey encompasses the best-in-breed companies such as Petkim, TANAP, STAR Refinery, SOCAR Terminal, Petkim RES (Wind Power Plant), Bursagaz, Kayserigaz, Enervis, SOCAR Enerji Ticaret, Millenicom, SOCAR Ticaret and SOCAR Depolama.

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Follow the author on Twitter: @Lyaman_Zeyn

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