Gazprom Sells 71 Percent Share in Turkish Bosphorus Gaz

Gazprom Sells 71 Percent Share in Turkish Bosphorus Gaz
energia.gr
Δευ, 1 Οκτωβρίου 2018 - 18:48

Russian state-owned gas giant Gazprom sold its 71 percent stake in Turkish company Bosphorus Gaz, the Turkish company announced Monday

Sen Group, which already holds the remaining 29 percent share in Bosphorus Gaz, bought Gazprom’s share, according to the companies. The transaction between Adnan Sen, the general manager of Bosphorus Gaz and Gazprom was completed on Sept. 21, but the transaction's monetary value has not yet been disclosed.

Bosphorus Gaz, established in 2003, is a private Turkish company involved in the importation and distribution of gas. In 2004, Gazprom became a major shareholder.

(Anadolu Agency)

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