SOCAR Turkey’s Kayserigaz expanding to new areas
BAKU, Azerbaijan, Sept.18
By Leman Zeynalova – Trend:
Kayserigaz, a subsidiary of SOCAR Turkey, has started natural gas supplies to Ebic, Kocasinan (Kayseri, Turkey), Trend reports citing Turkish media.
The total cost of the project, which envisaged construction of a 25 kilometers long gas supply line is 2.5 million Turkish liras ($330,990).
Director General of Kayserigaz Dincer Akbaba noted that amid the challenges caused by the COVID-19 pandemic, the company ensured uninterrupted natural gas supplies and at the same time, continued investments in constructing infrastructure to reach out new areas.
The infrastructure construction lasted two months and a half, he said.
Moreover, Akbaba noted that the company plans to complete the construction of 182 kilometers long gas supply lines with 33.5 million Turkish liras ($4,434,421) worth investment by the end of 2020.
SOCAR Turkey completed the acquisition of Bursagaz, Kayserigaz, Enervis, EWE Energy and Millenicom from German Ewe AG in June 2019.
Earlier, EWE AG told Trend that the decision on the possible sale of its assets in Turkey is related to the optimization of the company's activity.
EWE Turkey Holding has been operating in Turkey since 2007 and is the fourth biggest supplier of natural gas in Turkey.
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