Turkey allows SOCAR and BP to establish joint institution

Turkey allows SOCAR and BP to establish joint institution
# 22 July 2020 12:58 (UTC +04:00)

Turkish State Competition Authority has allowed SOCAR and BP companies to establish a joint institution that will operate in petrochemical field, APA-Economics reports citing Turkish media.

In April of this year, the companies applied to the relevant body in order to establish a joint institution.

Note that SOCAR and BP plan the construction of petrochemical complex (Mercury project) in Aliaga region of Izmir.

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THE OPERATION IS BEING PERFORMED