Bosphorus Gaz Corporation

https://www.bosphorusgaz.com/?lang=en/Bosphorus+Gaz+CorporationTypeprivateIndustryoil+and+gasFounded2003HeadquartersIstanbul,+TurkeyKey+peopleAli++Şen+Adnan+Şen+Mert+GoksuProductsNatural+GasServicesdistribution+of+natural+gasParent100%+Shareholder+Adnan+Sen+since+2016Website Bosphorus Gaz Corporation is a gas importer and distributor in Turkey. It controls about 25% of Turkey's private natural gas market.[1]

The company was established in 2003 in Istanbul. In 2004, Gazprom Germania a subsidiary of the Russian gas company Gazprom, became shareholder in Bosphorus Gaz.[2] In 2009, Gazprom raised its share in the company from 40% to 51%.[1] Later this year, Gazprom Germania acquired additional 20% of shares.[2][3] This acquisition is pending of approval from Turkish authorities. Rest of the shares are held by Tur Enerji, a joint venture of the Şen family and Ringas Management B.V.[2]

In 2005, Bosphorus Gaz won a tender to resell until 2021 750 million cubic meters of the gas purchased by the Turkish energy company BOTAŞ from Gazprom.[1] According to Gazprom, Bosphorus Gaz explores various possibilities of participating in the privatization of the country's gas distribution networks and in building underground gas storage tanks in Turkey.[1]

See also

References
  1. "Gazprom gains foothold in Turkey". RBC Daily, Kommersant. RIA Novosti. 2009-08-09. Retrieved 2010-07-21.
  2. "Daily Market Watch - Jul 9, 2010". Finam Investment Holding. 2010-07-09. Retrieved 2010-07-21.
  3. Kardas, Saban (2009-09-25). "Liberalization of the Turkish Energy Market Sparks Russian and European Interest". Eurasia Daily Monitor. The Jamestown Foundation. Retrieved 2010-07-21.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.