SOCAR discloses amount of investments made in two cities of Türkiye

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SOCAR Türkiye, a subsidiary of the State Oil Company of Azerbaijan (SOCAR) in Türkiye, invested $170 million in the gasification of the cities of Kayseri and Bursa in 2019-2023, said Fuad Ibrahimov, head of the Natural Gas Business Department of SOCAR Türkiye, Report informs, citing the Turkish press.

According to him, these investments were made in the activities of Kayserigaz and Bursagaz companies.

He noted that the total number of Bursagaz and Kayserigaz subscribers reached 1.9 million in 4 years: "1.2 million of these subscribers fell to Bursagaz, which makes the company the 4th largest gas distribution company by the number of subscribers. The length of the company's gas network in 11 districts of Bursa city has reached 7,561 kilometers."

Economy