SOCAR sells part of its shares in Petkim
Edited by Rhod Mackenzie / 2015-06-09 06:56:16
Azerbaijan Refining Turkey Azerbaijan Oil and Gas Petrochemicals Shares Production and Refining SOCAR
SOCAR (state-run oil company of Azerbaijan) sells 3.4% of free-floating block of shares of the Turkish Petrochemical complex “Petkim” to the International Investment Fund. It is stated on the website of the State Authority of Turkey on public information (Kamuoyunu Aydınlatma Platformu - KAP).
As previously reported the shares of “Petkim” were sold 4 Turkish liras for each to the foreign funds, which operated in the US and were engaged in investment activity on the international markets.
