SOCAR clarifies reports on buying

SOCAR clarifies reports on buying Total

20:22 29 April 2015 Read: 1210

Head of Turkey-based Daughter Company of State Oil Company of Azerbaijan (SOCAR) SOCAR-Turkey Kenan Yavuz has clarified the reports on buying Total

According to APA-Economics, Yavuz refuted the reports in his statement to Bloomberg HT agency. He said that SOCAR does not intend to buy Total’s Turkey-based filling station network and no negotiations have been conducted between the sides.

State Oil Company of Azerbaijan can buy Total’s Turkey-based filling station network, APA reports quoting Aktifmedia.com website.

According to the website, recently, Total declared it will leave Turkish market.

Turkey’s filling station market amounts to 80 bln Liras. Total’s share in this market makes 5.3%.

The website claims that SOCAR and BP are also among the companies intending to buy the filling station network.

SOCAR did not comment on the issue.

More about:

News Line

23:10
Spain fines budget airlines including Ryanair €179m

22:02
Rapper Sean 'Diddy' Combs returns to jail as judge considers bail bid

21:57
Benjamin Netanyahu arrest warrant: Where can he still go in Europe?

19:42
Deputy Chairman of New Azerbaijan Party attends 12th ICAPP General Assembly

19:41
Ambassador of Brazil: We hope COP30 will be acclaimed for its high-level organization

18:51
Leyla Aliyeva participates in tree-planting campaign in Baku

17:43
German FM: Finance and mitigation are key to combating climate change

17:16
Azerbaijani FM voices concern over unfounded smear campaign against nation

17:04
President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus

17:00
Milli Majlis Speaker Sahiba Gafarova takes the floor at 57th plenum of CIS member states’ Inter-Parliamentary Assembly

16:59
President Ilham Aliyev: ICAPP established itself as prestigious platform for cooperation

16:53
COP29 Presidency issues statement on climate finance goals and consultation process

16:30
Azerbaijan, Israel to set up new working group for cooperation

16:20
Azerbaijan initiates creation of the first-ever Global South NGO Platform

16:10
President of Congo meets with Congolese students studying at BHOS

16:09
US decision to allow missile strikes deep into Russia fuels global escalation: Slovak PM

15:38
Azerbaijan, Türkiye discuss green energy supply

15:11
Global Zero Waste initiative gains global momentum at COP29 in Baku