SOCAR Turkey CEO Elchin Ibadov stated that Azerbaijan Petroleum Company SOCAR carries out the exploration, extraction, production and processing activities of Azerbaijan's oil and natural gas resources, as well as the transportation and distribution of oil and natural gas, and the marketing of crude oil and petrochemical products. .
Ibadov stated that SOCAR, which operates in more than 15 countries with its subsidiaries and joint ventures, has made its largest investment to date in Turkey and said, "After the past 15 years, today, together with our stakeholders, we are Turkey's largest direct investment with an investment of approximately 18,3 billion dollars." We are a foreign investor and we are Turkey's largest integrated industrial group with the activities we carry out in an integrated structure with all our group companies. The point we have reached in 15 years and the added value we have provided to the economy, employment and social development of both countries makes us proud. With the support of the strong cooperation and synergy between Turkey and Azerbaijan, we continue our strategic investments with our integrated group companies and competent human resources. "We would like to thank the relevant institutions of the Republic of Turkey, our employees and all our stakeholders for their support during this process," he said.
Stating that in addition to the economic benefits provided by the company, it is their priority to support the development of society by providing social benefits in the regions where they operate, Ibadov said, 'We continue our support in various fields such as education, sports and environment for social development and cooperation. More than 11 thousand students are educated in 10 schools named after our national leader Haydar Aliyev in various provinces of Turkey. "SOCAR Turkey Volunteers, formed by our employees, contribute to our company's social responsibility targets with volunteering activities in many areas," he said.
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