The State Oil Company of the Azerbaijani Republic (SOCAR) has studied the Turkish fuel market and plans to open own network of petroleum stations there, 1news.az reports.
Turkey may become a platform to enter other markets of Balkan states and then Mediterranean markets.
SOCAR was planning to purchase 599 petroleum stations of BP in Turkey, gaining 9.8% share in the retail market of Turkey. It will make SOCAR the fourth largest owner of petroleum stations in Turkey.
