SOCAR Trkiye Enerji: SOCAR Trkiye Enerji, the Turkish subsidiary of the State Oil Company of Azerbaijan (SOCAR), and Nakkas Holding signed a long-term cooperation protocol, APA reports. The agreement aims to enhance the logistics for railway transportation of SOCAR products. Additionally, it includes plans for establishing a facility dedicated to the trading and storage of aviation fuel at Istanbul’s Sabiha G¶k§en Airport.
According to Azeri-Press News Agency, the protocol was signed by SOCAR Trkiye Enerji Chief Executive Officer Elchin Ibadov and Nakkas Holding Board Chairman Ramazan Ozturk. The collaboration is expected to streamline SOCAR’s product distribution and improve the efficiency of aviation fuel management at one of Turkey’s key airports.