13 February: Azerbaijan’s state oil company SOCAR which has the majority stake at the Petkim refinery in Turkey will bid to purchase another 10 percent of state shares in the coming days to fully control Turkey’s largest oil facility. (Hürriyet Daily News

“The total investment Azeri companies have made in Turkey has already exceeded $10 billion. Socar is also interested in bidding for natural gas distribution tenders in Ankara and Istanbul, as well as in establishing oil stations in the entire country,” according to Azerbaijan Ambassador to Turkey, Faik Bagirov.

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