BAKU, Azerbaijan, April 26. SOCAR Türkiye’s investments since 2008 has neared $18 billion, Elchin Ibadov, CEO of SOCAR Türkiye, told Haberturk, Trend reports.
“SOCAR is the largest foreign direct investor in Türkiye. As a company operating in the energy field, which is one of the priority spheres for the whole world, SOCAR Türkiye will continue to work towards strengthening the economies of Azerbaijan and Türkiye. We are determined to serve Türkiye's economy, industry and social development for many years to come with our 5,300 competent human resources," he said.
With its Corporate Headquarters Business Unit operating under the name SOCAR Türkiye, the company works through three separate business units: Refinery & Petrochemicals, Natural Gas, and Portfolio Management. The companies it leads under these business units are Petkim, STAR Refinery, SOCAR Storage, SOCAR Ticaret, Petkim RES in the Refinery & Petrochemical Business Unit, SOCAR Energy Trading, Bursagaz, Kayserigaz, Enervis in the Gas Business Unit; Millenicom, SOCAR Terminal, SOCAR Fiber, SOCAR R&D, SOCAR Insurance and TANAP in the Portfolio Management Business Unit.
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