VOL. XLIV

No. 17

23-April-2001

TURKEY

Turkish Parliament Liberalizes Gas Market, Ends Botas Monopoly

The Turkish parliament on 18 April passed a bill that liberalizes the countrys gas market by abolishing the monopoly currently held by the state-owned Petroleum Pipeline Corp (Botas) and allowing private firms to import, distribute and sell natural gas. The bill is one of 15 in the new economic recovery package put together by Economy Minister Kemal Dervis, formerly with the World Bank, and will...