SOCAR Türkiye Enerji, the Turkish division of the State Oil Company of Azerbaijan (SOCAR), and Nakkas Holding have signed a long-term cooperation protocol, “Caspian Energy Media” reports.

The document covers the development of railway logistics for SOCAR products and the establishment of an aviation fuel trading and storage facility at Sabiha Gokcen Airport. The protocol was signed by SOCAR Türkiye Enerji CEO Elchin Ibadov and Nakkas Holding Board Chairman Ramazan Ozturk.

This cooperation is viewed as a strategic step strengthening economic and trade ties between Azerbaijan and Türkiye.