9/14/2010

Greek oil refiner seeks growth opportunities in Turkey

Star - Facing severe market contraction at home, Greece’s largest oil refining company Hellenic Petroleum is in search of growth opportunities in neighboring Turkey. According to a statement made by Tassos Giannitsis, the spokesman for Hellenic Petroleum, the company is looking into solid opportunities of cooperation in Turkey that include exporting petroleum and petrochemical products. “Turkey is one of Hellenic Petroleum’s priority markets should we decide to acquire gas stations abroad”, said Giannitsis. Back in June, Turkey’s leading petrochemicals producer and soon-to-be refinery operator Petkim also announced its plan to trade raw materials with its Greek counterpart.
turkey; greece; hellenic petroleum; petkim; oil refinery; refining company; petrochemicals

ENGLISH