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27th International
Caspian Oil & Gas Conference

2 - 3 June 2021

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Caspian Oil & Gas Conference - Eighteen percent of investments made by Turkish companies in foreign shares falls to share of Shahdeniz

Eighteen percent of investments made by Turkish companies in foreign shares falls to share of Shahdeniz
22.02.2017

During the past five years, Turkish companies invested $8,464,000,000 in share purchase in foreign countries.

APA-Economics reports that most of the investments - $3.198 billion were invested b y Yildiz Holding in purchase of United Biscuits in England.  

The second place was held by TPAO with the investment of $1.5 billion in purchase of 10 percent of Shahdeniz and the South Caucasus Pipeline, which makes 18% of total investments.  

Oyak company spent $1 billion to purchase the shares of Dutch Almatis company.

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