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Essay

Turkish Petrolium Industry

Essay specific features

 

Issue:

Business

 

Written by:

Rosemary M

 

Date added:

March 23, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 293

 

Was viewed:

6526 times

 

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Essay content:

Conoco came into the Turkish oil market after its purchase of the local distributor Tabas. Statoil, in a JV with Koc's 41% affiliate Aygaz which has a 39% share of Turkey's LPG market, is to become a major player in the country's gas business. Statoil has a stake in the Shah Deniz field in Azerbaijan which supplies gas to Turkey...
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In September 1991 Total got 50% in Turkey's fourth-biggest LPG distributor, Tupgaz, and in gas bottle manufacturer Astup. In May 2001 it bought the remaining 49% in TOT from the local group Colakoglu. TOT controls 6% of the market through more than 330 stations. Total's LPG business in Turkey has been consolidated through Totalgaz...
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