French oil company to make $100 mln-investment in Turkey

French oil company Total is getting prepared to make a 100 million USD investment in Turkey.

French oil company to make $100 mln-investment in Turkey

French oil company Total is getting prepared to make a 100 million USD investment in Turkey.

Speaking to AA in the Mediterranean Antalya province on Thursday, Total Oil Turkey's Director General Olivier Chalvon-Demersay said Total had raised its market share to 7 percent in Turkey, despite the global economic crisis in 2009.

Expressing the importance Total attached to Turkey, Chalvon-Demersay said his company made an investment of 100 million USD in Turkish economy in 2009, adding it would continue to invest in the country in 2010.

Chalvon-Demersay said Total would provide employment opportunities for nearly 1,000 people this year.

Noting that Turkey was about to leave the global crisis behind, Total Turkey's head also said that his company had confidence in Turkish economy.

Total is the fifth largest publicly-traded integrated international oil and gas company and a world-class chemicals manufacturer.

The company operates in more than 130 countries and has 96,950 employees.


AA

Last Mod: 25 Şubat 2010, 13:43
Add Comment