ECONOMY


‘Petlim container port second phase will enter service in June of this year’

Baku, January 23, AZERTAC

“Petlim container port second phase will enter service in June of this year,” said SOCAR Turkey Energy Director General Zaur Gahramanov.

“First phase of $380 million Petlim container port project is already in use. This is the largest capacity port in Aegean Sea. The first phase serves 5 days of the week,” he said.

Petlim will be the third largest port in Turkey and the largest port in the Turkish part of the Aegean Sea.

SOCAR owns a 70 per cent share in the port, while Goldman Sachs has the rest 30 per cent stake.

Dutch APM Terminals will run the port for the next 28 years.

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