By the end of 2023 SOCAR Turkey Enerji company, including its daughter companies, will have an incomes forecasted at about $15 billion. The export of only chemical products of the company will total about $5 billion.
Kenan Yavuz, President SOCAR Turkey Enerji, member of Board of Petkim petrochemical holding, made this statement for local press.
“Considering the total incomes, SOCAR Turkey Enerji will become the third company in the Turkish industry after Koc and Sabanci Holding,” he added.
He said at present SOCA Turkey Enerji is the biggest investor in the history of Turkey.—0-
Economics
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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