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Gas importer and distributor in Turkey From Wikipedia, the free encyclopedia
Bosphorus Gaz Corporation is a gas importer and distributor in Turkey. It controls about 25% of Turkey's private natural gas market.[1]
Company type | Private |
---|---|
Industry | Energy |
Founded | 2003 |
Headquarters | |
Website | https://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]
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