7/30/2008

Turkish fuel sector may see new players

Reuters - Turkey's fuel distribution sector will see the entry of new players and new acquisitions are foreseen, the head of Turkey's energy regulatory body, Hasan Koktas told Reuters on Monday. Turkey has a relatively fragmented petrol distribution market with 46 companies, most of which have been established within the last couple of years. "It is not just Russian companies that are interested, but we are also having meetings with Kuwaiti and Indian companies who are seeking detailed information about Turkey's fuel sector," said Koktas, president of the Energy Markets Regulatory Board (EPDK).

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