VOL. XLIV

No 40

1-October-2001

TURKEY

Turkey Plans Further PrivatizationOf Tupras And Petrol Ofisi

The Turkish Government said on 19September that the sale of more shares in the state refining company Tupras andfuel retailer Petrol Ofisi is likely to be postponed until November in thelight of the state of global markets following the terrorist attacks in the USon 11 September. A government spokesman said Ankaras plans to realize revenuesof $1.2bn through privatization measures might be delayed...