Turkish port plan

The formal agreement for the development of the Aegean Gateway Terminal project at Turkey’s Port of Izmir has been signed.

Petkim, a subsidiary of SOCAR Turkey Enerji A.S., the state oil company of Azerbaijan, is the owner of the port, and through its port subsidiary, Petlim, is APM Terminals’ direct partner in the 1.5m TEU annual capacity deepwater terminal project, scheduled to open in 2015.

The Aegean Gateway Terminal will be constructed within the Petkim petrochemical complex in Nemrut Bay, near the Port of Izmir on the Aegean Sea. Izmir is the second largest city and industrial center in Turkey.