SOCAR aims to become a major industrial actor in Turkey through the wide range of investment projects and acquisitions. In the next step SOCAR acquired Bursagaz, Kayserigaz, Enervis, EWE Energy and Millenicom, the companies within EWE Turkey Holding. SOCAR has been supplying natural gas to the Turkish market for the last 12 years and began expanding its operations this year through the Trans Anatolian Natural Gas Pipeline (TANAP), a major joint project between Turkey and Azerbaijan. The acquisition of EWE Turkey will enhance the value of the natural gas distribution sector and create favourable conditions for SOCAR to access directly the end customer market in Turkey. The acquisition process will be finalised after the approval by the Competition Authority and other related organisations.