SOCAR Türkiye highlights 2025 goals, new investments in petrochemical sector

SOCAR Türkiye has held a meeting of its Board of Directors in Istanbul to discuss the company's objectives and projects for the upcoming year.

The meeting focused on evaluating the company's performance in 2024, highlighting the achievements throughout the year, Caliber.Az reports.

The board also reviewed and discussed the strategic goals and projects planned for 2025.

Over the past 15 years, SOCAR has invested more than $18 billion in various projects across Türkiye. Looking ahead, the company intends to continue expanding its presence in the country, with a particular focus on new investment opportunities within Türkiye's petrochemical sector.

SOCAR Türkiye is a pioneering energy company working with the most advanced technologies to provide social, economic, and environmental benefits to a sustainable life.

As Türkiye’s largest integrated industry group, SOCAR Türkiye continues its activities in many sectors, primarily petrochemicals, refining, natural gas, trade, transmission, and distribution.

With Corporate Headquarters Business Unit operating under the name SOCAR Türkiye, it works through three separate business units: Refinery & Petrochemicals, Natural Gas, and Portfolio Management.

The companies SOCAR Türkiye leads under these business units are Petkim, STAR Refinery, SOCAR Storage, SOCAR Ticaret, Petkim RES in the Refinery & Petrochemical Business Unit, SOCAR Energy Trading, Bursagaz, Kayserigaz in the Gas Business Unit; SOCAR Terminal, SOCAR Fiber, SOCAR R&D, SOCAR Insurance and TANAP in the Portfolio Management Business Unit.

By Vafa Guliyeva