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    market news

    Turkey Cancels Ankara Gas Network Sale, Plans New Tender

    Investing News Network
    May. 10, 2011 05:40PM PST
    Oil and Gas Investing

    Reuters reports that Turkey cancelled Ankara gas network sale and plans to hold another tender.

    Reuters reports that Turkey cancelled Ankara gas network sale and plans to hold another tender.

    The press release is quoted as saying:

    MMEKA, a venture between businessmen Mehmet Kazanci and Mehmet Emin Karamehmet, last August offered a top bid of $1.21 billion for the central government’s 80 percent share in the Baskent natural gas network in the capital Ankara.

    Click here to access the entire press release

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