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Socar to Build Turkey’s Largest Container Port, ANS Reports

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SocarState Oil Co. of Azerbaijan, known as Socar, and Petkim Petrokimya Holdings AS plan to build Turkey’s largest container port at a cost of $400 million, Socar President Rovnaq Abdullayev told the ANS television channel.

The port will help cut transportation costs, Abdullayev said late yesterday.

There are also plans to build a power station with an estimated cost of $1.2 billion, he said. The power plant will generate electricity for the Star oil refinery that’s under construction in Turkey’s Aliaga region and also for Turkish consumers, according to the company’s president.

 

 

Bloomberg


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Aylin D. Miller

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One response to “Socar to Build Turkey’s Largest Container Port, ANS Reports”

  1. Sertel Mehmetali Avatar
    Sertel Mehmetali

    That is great news for Turkey and us,it will creating several ten thousands jop for people and they are family’s altogether become half million get effective the positive way.Also Turkey is going to be become major transporter center of the import-export juncjaction place and also providen is own electricity aswell. all these good things which we are waiting to see long,long time ago.But when l am going to be believe,when become the fact,start to get action and after all that see the finish .Thank you very much for this good news mr.Tolga çakir

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