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This page was last edited on 29 October 2024, at 16:58 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
BOTAŞ Petroleum Pipeline Corporation (BOTAS) is the state-owned crude oil and natural gas pipelines and trading company in Turkey. The company was established in 1974 as a subsidiary of TPAO . Since 1995, BOTAS is a wholly state-owned company.
It controls about 25% of Turkey's private natural gas market. [1] 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.
After last year's troubling economy for Oklahoma oil and gas businesses, most are back on the top of rankings for publicly traded companies.
Enerco Energy is a natural gas company in Turkey. It was established in 2004. 60% of Enerco Energy belongs to Akfel Group, a Turkish energy engineering, construction, equipment production, and consultancy company, and 40% belongs to OMV Gas & Power. [1] [2]
GE Oil & Gas is the company's fastest-growing business, with revenues of more than $15 billion and earnings and new orders having each grown 16 percent in 2012.