Gazprom and Shell Enter Into Contract to Supply Russian Natural Gas to Turkey
OREANDA-NEWS. OOO Gazprom export and Turkish company Shell Enerji A.S. have entered into a Contract to supply natural gas to Turkey.
Pursuant to the Contract, Gazprom will annually supply 250 MMcm of gas to Turkey via Shell Enerji A.S. until 2021.
The Contract was concluded based on the results of a competitive tender for the partial transfer by Petroleum Pipeline Corporation BOTAS of its import contract to other companies. The tender took place as part of the Turkish gas market liberalization process.
Shell Enerji A.S. is a subsidiary of Royal Dutch Shell plc. Shell Enerji A.S. was set up in 2004 in Ankara to oversee gas import, wholesale trade and marketing operations in the Turkish market.
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