Tag: Petkim

SOCAR Turkey planning to increase RES production – Turkey, 01 February 2019

Director General of SOCAR Turkey, local subsidiary of the State Oil Company of Azerbaijan, Zaur Gahramanov said that the company plans to increase power output of Petkim wind farm to 200 MW, by adding 17 new wind turbines. Gahramanov noted that currently, Petkim wind farm is operating with power Full article available for subscribers of […]

Fitch expects growth in revenues of SOCAR petrochemical complex – Turkey, 24 December 2018

Rating agency Fitch said in a report that it expects that consolidated revenues of the Petkim petrochemical complex owned by State Oil Company of Azerbaijan (SOCAR) in Turkey will reach about 330 million euros in 2019. The Fitch Ratings report has affirmed Petkim’s long-term Issuer Default Rating Full article available for subscribers of Energy NEWS […]

SOCAR Turkey to build second petrochemical facility in Izmir – Turkey, 4 June 2018

Turkish subsidiary of the State Oil Company of Azerbaijan – SOCAR Turkey is planning to build the second petrochemical facility in the Aliaga peninsula in Izmir province, with the investment of about 2 billion dollars. General Manager of Petkim, a subsidiary of SOCAR Turkey, Anar Mammadov said that Turkey needs new petrochemical facilities as the […]