Turkey Cancels Ankara Gas Network Sale, Plans New 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