SOCAR Marine, subsidiary of the State Oil Company of Azerbaijan (SOCAR) in Turkey, sold 600,000 tons of marine fuels in 2019 and became a leader in this sector, Report informs citing Turkish media.
The sales were carried out via ships, which used Turkey’s straits as a transit, and entered and left Turkey to carry out sales in the country’s ports. The share of the company in the market exceeded 25%.
Notably, SOCAR Marine was established in 2013.