“Çalık set to found joint venture with Rosneft” – Hürriyet Daily News

A general view shows the Rosneft Achinsk oil refinery plant outside the town of Achinsk, some 188 kilometers west of Krasnoyarsk, Russia. Source : Hürriyet

“The deals signed during Russian leader Putin’s visit to Turkey include the foundation of a joint petrol distribution firm between the Russian giant Rosneft and Turkey’s Çalık holding

Energy ties fueled a Russian visit to Turkey Nov. 3 with Turkey’s Çalık Holding signing a major cooperation with Rosneft, Russia’s leading oil distributer.

The duo will establish an associated company to operate within the oil trade in the domestic and Mediterranean markets, according to a statement published on Çalık’s official web site. The new company will also operate in the oil distribution and bunker fuel trade in Turkey.

The deal was signed by Çalık Holding Chairman Ahmet Çalık and Rosneft President Eduard Khudainatov. Turkey’s Energy Minister Taner Yıldız and Rosneft Chief Executive Igor Sechin were in attendance at the signing ceremony.” […]

Source : Hürriyet Daily News