LUKOIL, SOCAR plan to jointly invest in Turkey
Russian energy giant Lukoil and SOCAR launched consultations in order to increase their investments in Turkey.
The Turkish retail fuel market remains attractive for LUKOIL, which actively promotes its interests in this sector of the Turkish economy, LUKOIL’s senior Vice President for sales and supplies, as saying.
“Our company is studying opportunities to expand its share in the Turkish market. We discussed with SOCAR representatives the issue of acquiring the assets of third companies in the Turkish market. A concrete decision on this issue hasn’t been made yet,” said a representative of LUKOIL.
