SOCAR's investments in projects in Türkiye exceed $18.5 billion

The volume of investments by the State Oil Company of Azerbaijan (SOCAR) in Türkiye has exceeded $18.5 billion over 17 years of operations in this country, SOCAR Turkiye Enerji CEO Elchin Ibadov said at a press conference in Istanbul.

According to Report, he noted that SOCAR Turkiye Enerji's structure includes 32 companies.

"In the next five years, we aim to become a company with a high level of integration in oil refining and petrochemicals," he said.

Ibadov added that during this period, the company intends to become an uninterrupted and efficient supplier of gas and energy, and continue sustainable development.