VOL. XLIII

No. 48

27-November-2000

TURKEY

Statoil And Turkeys KOC Agree To Establish Natural Gas Joint Venture

Norways Statoil announced on 20 November that it had agreed with KOC Holding of Turkey to set up a jointly owned natural gas company. A spokesman for Statoil told MEES that the joint venture had been formed and would become operative once the gas market is deregulated in Turkey, saying that it wont be an active company until there is a market to operate in. The spokesman added that...