Middle East Economic Survey

VOL. LIII

No 39  

27-Sep-2010

TURKEY

Turkey Plans Public Offering for TPAO In 2011

Turkey’s Minister of Energy and Natural Resources Taner Yildiz on 21 September announced that the government in 2011 will take steps to launch an initial public offering (IPO) for state-owned oil company Turkiye Petrolleri Anonim Ortakligi (Turkish Petroleum Corporation – TPAO). Speaking at an energy conference in Ankara, Mr Yildiz said the state will...