"Zorlu to bid for gas network in Ankara Wednesday, October 24, 2007
Zorlu Group, a Turkish company with investments in energy and technology, will bid for the capital's natural-gas grid in a sale that may be worth as much as $3 billion. Zorlu will compete with companies including OAO Gazprom, the world's biggest gas provider, when Ankara sells its network by the end of next month. Zorlu is also considering a bid for electricity networks the government plans to sell, Sungur Bursa, chief executive officer or Zorlu Group's energy unit, Zorlu Energy, said in an interview Monday. Turkey is selling Başkent Doğal Gaz, the owner of a 30-year license to distribute gas in Ankara to reduce the state's role in energy, as urged by the International Monetary Fund."
More:Zorlu to bid for gas network in Ankara - Turkish Daily News Oct 24, 2007
