lham Aliyev: Our homeland is Turkey
“We implement this project in Turkey because Turkey is our homeland,” Azerbaijani President Ilham Aliyev said about the Petkim Oil Refinery which costs around USD 5 billion. The refinery will be put into operation in Turkey in 2015.
Radio Liberty Azerbaijan quotes Ilham Aliyev as saying that for the present Petkim is the largest investment project in Azerbaijan’s history.
“So far, for 20 years, Azerbaijan had not implemented such an important project requiring such financial resources,” Aliyev said.
Note that in 2008 the State Oil Company of Azerbaijan Republic (SOCAR) and the TURKAS Turkish company purchased 51 percent of the shares in the oil and chemical plant belonging to the Petkim-Petrokimya Holding.