Saturday, 19 April 2014 | 07:23
  • Home
  • Shipping News
  • Port News
  • Socar to Build Turkey’s Larges...
View by:

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

Tuesday, 14 February 2012 | 13:00
State 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.
Source: Bloomberg
    There are no comments available.
    In order to send the form you have to type the displayed code.