2/7/2008

Ankara natural gas tender delayed to March 14

Today’s Zaman - The Ankara Metropolitan Municipality has delayed the deadline for submission of bids for a natural gas distribution tender from the previously announced Feb. 26 date to March 14 in order to give participating companies an opportunity to obtain more information about the deal and the process. In a statement issued yesterday the municipality noted that to date 33 domestic and foreign companies have purchased bid specifications and application documents for the privatization of the Baskent Natural Gas Distribution Corporation. Of these, nine have applied to enter the Information Room, specially designed to provide detailed information about Baskent to interested companies. Prominent companies from within Turkey and abroad, such as Gazprom, Merrill Lynch, Bosphorus Gas, Zorlu, Gas de France, Suez Tractebel, Energaz, Nurol, Calik and Guris, will compete to win the tender for gas distribution tender in Turkey's capital. Analysts believe that the real reason behind the postponement of the auction is to ensure the participation of more companies in order to create a more competitive environment and therefore earn better revenue from the sale.
/Style%20Library/Invest/images/news.png