Bosphorus Gaz Corporation

Bosphorus Gaz Corporation is a gas importer and distributor in Turkey. It controls about 25% of Turkey's private natural gas market.[1]

Bosphorus Gaz Corporation
TypePrivate
IndustryEnergy
Founded2003
Headquarters
Istanbul
Websitehttps://bosphorusgaz.com/

The company was established in 2003 in Istanbul. In 2004, Securing Energy for Europe a former 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% and then to 71% in 2010.[2][3] In 2018, Gazprom sold all of its 71% shares in the company to the Şen Group who owned 29% of the shares, making Şen Group's share add up to 100%.[4]


In 2005, Bosphorus Gaz won a tender to resell 750 million cubic meters of the gas purchased by the Turkish energy company BOTAŞ from Gazprom until 2021.[1]

References
  1. "Gazprom gains foothold in Turkey". RBC Daily, Kommersant. RIA Novosti. 2009-08-09. Archived from the original on 2012-10-18. 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.
  4. "Gazprom sells 71 percent share in Turkish Bosphorus Gaz". www.aa.com.tr. Retrieved 2021-09-16.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.