Socar Turkey activities by the numbers

Dünya Executive - - RESEARCH -

• Socar began its activities in Turkey with the acquisitio­n of Petkim in 2008. It then started constructi­on of the Star Refinery, Petlim container port and a wind turbine plant.

• The company has invested $11 billion to date and is aiming for $18 million by 2020. • The investment­s include $6 billion for the Star refinery, $450 million for the port, $2.4 billion for Petkim and $730 million spent since and $8.5 billion for TANAP. • Star will have capacity of 10 million metric tons of crude annually. Petroleum products such as diesel, jet fuel and LPG will be produced with 1.6 million ton of naphtha.

• Once the first phase of investment­s is over, Socar Turkey will be one of the three largest conglomera­tes in the country. • 88.4 percent of Star and 72.4 percent of TANAP are complete.

• The first phase of Petlim is over and will be operated by APMT, the world’s secondlarg­est container terminal operator, for 28 years. It will be able to handle the world’s largest vessels.

• The wind plant will have capacity of 51 megawatts.

• 30,000 people are working for Socar Turkey, including subcontrac­tors.

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