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SOCAR Turkey Energy purchased 7% stake in TANAP

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SOCAR Turkey Energy Inc., subsidiary of the State Oil Company of Azerbaijan (SOCAR) in Turkey has become a shareholder of Trans Anatolian Gas Pipeline project, which exports Azerbaijani gas to Turkey and Europe.

Report informs TANAP General Manager Saltuk Duzyol said.

According to him, works for acquisition of 7% stake in TANAP by SOCAR have been completed at the end of March 2018.

SOCAR Turkey Energy now has 7% stake in TANAP.

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