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SOCAR Turkey forecasts growth in its total revenues for 2021

Oil&Gas Materials 30 November 2021 15:01 (UTC +04:00)
SOCAR Turkey forecasts growth in its total revenues for 2021

ISTANBUL, Turkey, Nov. 30

Elchin Mehdiyev - Trend:

This year, SOCAR Turkey's EBITDA (earnings before interest, taxes, depreciation, and amortization) will amount to $1 billion, Director General of SOCAR Turkey Zaur Gahramanov said at a press conference for representatives of the Azerbaijani media, Trend reports.

According to Gahramanov, the company's annual EBITDA is about $750 million, but this year it will top the annual average level.

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