Tag: Petkim

SOCAR to start construction of petrochemical complex in the first half of 2020 – Turkey, 09 August 2019

CEO of SOCAR Turkey Energy, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), Zaur Gahramanov said that the company plans to lay the foundation of the Mercury petrochemical complex in Turkey in the first half of 2020. Gahramanov said that with the commissioning of this enterprise, Turk Full article available for subscribers of […]

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 […]