"The Azeri dialect of Turkish may sound strange to Turkish ears but it is perfectly intelligible and the increasing economic and political cooperation between the two states represents as much a common culture as the geographical imperative that makes Turkey the perfect export route for Azerbaijan’s sizeable reserves of oil and gas reserves.
The latest example of Turkish-Azeri cooperation came with the signing Monday of a $3.4bn EPC contract between Azeri state oil company Socar and its Turkish partner Turcas and a consortium led by Spain’s Tecnicas Reunidas for the construction of a 10m tonnes/yr refinery at Aliaga on Turkey’s Aegean coast.
Owned 81.5 per cent by Socar and 18.5 per cent by Turcas, the STAR refinery is being constructed on a site adjacent to Turkey’s former state petrochemical firm Petkim which is now owned by Socar and is slated to start producing by autumn 2017."
'via Blog this'
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