SOCAR to spend additional $475 million on construction of oil-processing plant in Turkey

Read on the website Vestnik Kavkaza

The State Oil Company of Azerbaijan (SOCAR) is going to spend an additional $475 million on construction of an oil-processing plant in Turkey, the head of SOCAR Turkey Enerji, the Turkish branch of SOCAR, Kenan Yavuz, says.

Such kinds of oil as Azeri Light, Kerkuk and Ural are expected to be processed at the plant.