Azerbaijani state oil firm inks deal with Delta Rubis on fuel distribution in Turkey
Azerbaijani state oil company SOCAR has signed an agreement with Delta Rubis on the storage and distribution of fuel in Ceyhan area in the Turkish province of Adana, Deniz Haber news agency reported.
The company will engage in distribution of fuel oil, ship and
aircraft fuel. The agreement between the two companies was signed
for a period of five years.
It is reported that Delta Rubis is the largest company in Turkey
for the storage of fuel.
Earlier, on January 10, the Energy Market Regulatory Authority of Turkey (EPDK) issued a license to SOCAR for distribution of fuel in the domestic market.
SOCAR also previously obtained a license for wholesale gas sales in Turkey.
The license was issued for a period of 30 years by the EPDK.
Acquisition and subsequent sale of gas to Turkey in the amount of 1.2 billion cubic meters per year has also been previously agreed with the Turkish side.
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