VOL. XLV
No 2
14-January-2002
TURKEY
HSBC Expects Turkish ProductDemand To Rise In 2002
Turkeys demand for petroleumproducts is expected to resume growth during 2002 after declining in 2001 as a resultof the countrys financial crisis, according to a report on Tupras, thestate-owned crude refining company, published on 4 December by HSBC. Demand forproducts should resume in 2002 and if Turkeys full potential is to berealized, growth rates of 4% per annum should be achievable in the 2003-05period,...
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