Turkey to further support Trans-Caspian route

Turkey will continue its support for the Trans-Caspian International Transport Route in order to keep it preferable for carriers, Ahmet Arslan, Turkey’s minister of transport, maritime affairs and communications, said. Arslan noted that transportation to the Central Asian countries through Azerbaijan grew substantially in 2015 as compared to previous years. About 8,000 trucks were sent…

Belarus: Turkish business seeking stronger presence on the market

The Turkish business shows interest in expanding its presence in the Belarusian market, Chairman of the Turkish-Belarusian Business Cooperation Council Sefa Gomdeniz said at the investment forum in Minsk on September 29. Turkish companies are ready to offer Belarus new big investment projects. Possibilities of cooperation expansion are being discussed at the governmental level, the…

Turkey: SOCAR suspends cogeneration plant project

Azerbaijan’s state oil company SOCAR has suspended the project for construction of a cogeneration plant – Petkojen – in Turkey due to technical reasons, Anar Mammadov, head of Turkish petrochemical complex Petkim, reported. The plant was meant to provide Petkim and Star refinery with electricity as well as ensure the sale of electricity to Izmir’s…