TODAY.AZ / Business

SOCAR intends to build refinery in Ceyhan Port

11 December 2006 [15:20] - TODAY.AZ
SOCAR & Turccas Joint Venture, established by the SOCAR (51%) and Turccas Petrol (49%), will be engaged in selling Azeri gas in Turkey, SOCAR President Rovnag Abdullayev said.

He said a letter will be sent to Turkey this week to inform about the intention that the joint venture wants to build an oil refinery in Ceyhan Port. After the agreement is reached, technical and economic assessment of the project will be carried out, APA reports.

"We concluded that Azerbaijani oil will outweigh in the Ceyhan Port in 2009. We will sell refined oil to Turkey, Iran, Syria and the Mediterranean basin states," he said.

URL: http://www.today.az/news/business/33773.html

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