Palmali Moves out of Malta and invests in tankers construction
Malta Independent
Sunday, 7 October 2007, 00:00
Last update: about 13 years ago
The owner of the Palmali company Mubariz Mansimov said the company plans to move its office from Malta to Istanbul in 2008, the Azerbaijanian news service reported.
He added that Palmali plans to invest $1.3 billion in the construction of the oil tankers, which will be used to carry oil from Baku – Ceyhan pipeline from Turkey.