Middle East Economic Survey
VOL. LIV
No 1-2
3/10-Jan-2011
CASPIAN/TURKEY
Turkey Grants Gas Marketing License To Socar-Turcas
On 31 December 2010 Turkeys Energy Market Regulatory Authority granted a 30-year gas marketing license to the Azeri-Turkish joint petrochemical company Socar-Turcas. The firm is 75% owned by Azerbaijans state company Socar, which acquired the right last October to access directly Turkeys gas retail market for a period of up to five years. Socar President Rovnag...
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