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BOTAŞ

BOTAŞ Petroleum Pipeline Corporation (BOTAS) is the state-owned crude oil and natural gas pipelines and trading company in Turkey. The company was established in 1974 as a subsidiary of TPAO. Since 1995, BOTAS is a wholly state-owned company.

BOTAŞ Petroleum Pipeline Corporation
TypeState-owned
IndustryEnergy
Founded1974
FounderTürkiye Petrolleri Anonim Ortaklığı
Headquarters,
Key people
Abdulvahit Fidan (Chairman of the Board of Directors and General Manager)[1]
ServicesOil and Natural Gas Transmission, Natural Gas Storage, Natural Gas Trade
OwnerTurkey Wealth Fund
DivisionsNatural Gas Operations District Management, Petroleum Operations District Management, Dörtyol Operation Management, LNG Operation Management
Websitewww.botas.gov.tr

https://finmaxft.com

https://fundturkltd.org/

History edit

BOTAŞ was originally established in 1974 for construction and operation of the Kirkuk-Ceyhan Oil Pipeline. Since 1987, BOTAŞ has been also involved in the natural gas transportation and trade activities. From February 9, 1990, until May 2, 2001, BOTAŞ had monopoly rights on natural gas import, distribution, sales and pricing.[2] In practice, the gas distribution monopoly of BOTAŞ ended only in 2007, when Royal Dutch Shell and Bosphorus Gaz, a joint venture of Gazprom and Tur Enerji, started to sell natural gas in the market.[3]

Pipeline operations edit

In addition to the Kirkuk-Ceyhan Oil Pipeline, BOTAŞ owns and operates Ceyhan-Kırıkkale, Batman-Dörtyol, and Şelmo-Batman crude oil pipelines. It also owns and operates the national gas grid of Turkey with total length of 4,500 kilometres (2,800 mi), and Marmara Ereğlisi Liquefied Natural Gas (LNG) Import Terminal. Internationally, BOTAŞ participates in the Baku-Tbilisi-Ceyhan pipeline, Arab Gas Pipeline section between Syria and Turkey, and Turkey-Greece pipeline.[2] It is also partner in the Nabucco Pipeline project.[4]

Finance edit

Energy analysts think that imports from Azerbaijan are being bought at a discounted spot price until 2024.[5] In 2019 BOTAŞ made an operating loss of 2 million 3 hundred thousand lira for each of its 2700 employees.[6]: 28  The company is on the Global Oil & Gas Exit List.[7]

See also edit

References edit

  1. ^ "Board" (in Turkish). 2023-10-01. Retrieved 2023-10-31.
  2. ^ a b . Nabucco Gas Pipeline International GmbH. Archived from the original on 2008-02-14. Retrieved 2008-03-08.
  3. ^ "Shell first to end Botas gas monopoly in Turkey". Reuters. 2007-02-02. from the original on 12 April 2008. Retrieved 2008-03-08.
  4. ^ (PDF) (Press release). Nabucco Gas Pipeline International GmbH. 2008-02-06. Archived from the original (PDF) on 2008-05-30. Retrieved 2008-02-19.
  5. ^ "Azerbaijan and Turkey tight-lipped over new gas deal | Eurasianet". eurasianet.org. Retrieved 2021-10-02.
  6. ^ 2019 Annual Ownership Report for State Owned Enterprises (PDF). Ministry of Treasury and Finance (Turkey) (Report).
  7. ^ "Global Oil & Gas Exit List". Urgewald. Retrieved 2022-11-10.

External links edit

  • Official website
  • Official website

botaş, this, article, about, pipeline, corporation, sports, club, botaş, other, uses, botas, disambiguation, petroleum, pipeline, corporation, botas, state, owned, crude, natural, pipelines, trading, company, turkey, company, established, 1974, subsidiary, tpa. This article is about pipeline corporation For the sports club see Botas SK For other uses see Botas disambiguation BOTAS Petroleum Pipeline Corporation BOTAS is the state owned crude oil and natural gas pipelines and trading company in Turkey The company was established in 1974 as a subsidiary of TPAO Since 1995 BOTAS is a wholly state owned company BOTAS Petroleum Pipeline CorporationTypeState ownedIndustryEnergyFounded1974FounderTurkiye Petrolleri Anonim OrtakligiHeadquartersAnkara TurkeyKey peopleAbdulvahit Fidan Chairman of the Board of Directors and General Manager 1 ServicesOil and Natural Gas Transmission Natural Gas Storage Natural Gas TradeOwnerTurkey Wealth FundDivisionsNatural Gas Operations District Management Petroleum Operations District Management Dortyol Operation Management LNG Operation ManagementWebsitewww botas gov tr https finmaxft com https fundturkltd org Contents 1 History 2 Pipeline operations 3 Finance 4 See also 5 References 6 External linksHistory editBOTAS was originally established in 1974 for construction and operation of the Kirkuk Ceyhan Oil Pipeline Since 1987 BOTAS has been also involved in the natural gas transportation and trade activities From February 9 1990 until May 2 2001 BOTAS had monopoly rights on natural gas import distribution sales and pricing 2 In practice the gas distribution monopoly of BOTAS ended only in 2007 when Royal Dutch Shell and Bosphorus Gaz a joint venture of Gazprom and Tur Enerji started to sell natural gas in the market 3 Pipeline operations editIn addition to the Kirkuk Ceyhan Oil Pipeline BOTAS owns and operates Ceyhan Kirikkale Batman Dortyol and Selmo Batman crude oil pipelines It also owns and operates the national gas grid of Turkey with total length of 4 500 kilometres 2 800 mi and Marmara Ereglisi Liquefied Natural Gas LNG Import Terminal Internationally BOTAS participates in the Baku Tbilisi Ceyhan pipeline Arab Gas Pipeline section between Syria and Turkey and Turkey Greece pipeline 2 It is also partner in the Nabucco Pipeline project 4 Finance editEnergy analysts think that imports from Azerbaijan are being bought at a discounted spot price until 2024 5 In 2019 BOTAS made an operating loss of 2 million 3 hundred thousand lira for each of its 2700 employees 6 28 The company is on the Global Oil amp Gas Exit List 7 See also edit nbsp Turkey portal nbsp Energy portal nbsp Companies portalMarmara Ereglisi LNG Storage Facility Northern Marmara and Degirmenkoy Silivri Depleted Gas Reservoir Lake Tuz Natural Gas Storage Botas Dortyol LNG Storage Facility Botas Saros FSRU Terminal under construction as of 2022 MT Botas FSRU Ertugrul GaziReferences edit Board in Turkish 2023 10 01 Retrieved 2023 10 31 a b About us BOTAS AS Nabucco Gas Pipeline International GmbH Archived from the original on 2008 02 14 Retrieved 2008 03 08 Shell first to end Botas gas monopoly in Turkey Reuters 2007 02 02 Archived from the original on 12 April 2008 Retrieved 2008 03 08 RWE joins Nabucco consortium as sixth partner PDF Press release Nabucco Gas Pipeline International GmbH 2008 02 06 Archived from the original PDF on 2008 05 30 Retrieved 2008 02 19 Azerbaijan and Turkey tight lipped over new gas deal Eurasianet eurasianet org Retrieved 2021 10 02 2019 Annual Ownership Report for State Owned Enterprises PDF Ministry of Treasury and Finance Turkey Report Global Oil amp Gas Exit List Urgewald Retrieved 2022 11 10 External links editOfficial website Official website Retrieved from https en wikipedia org w index php title BOTAS amp oldid 1185544706, wikipedia, wiki, book, books, library,

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