Baku, Azerbaijan, Feb. 12
By Rufiz Hafizoglu - Trend:
Turkish Petrol Ofisi Oil Company has been reoffered for sale, Turkish Kanal7 TV channel reported Feb. 12.
Currently, the company's representatives meet with potential investors.
Turkish Dogan Grubu Holding, which was the owner of Petrol Ofisi company, sold 95.75 percent of its share to Austria's OMV in 2010.
In May 2015, Petrol Ofisi company was released for 237 days from participation in tenders held in Turkey due to failure of OMV's previously taken obligations.
A similar ban for a year in respect of the company was introduced in 2009.
The decision of Turkey's Ministry of Energy and Natural Resources has been canceled after the company's appeal to court.
Turkey's Energy Market Regulatory Authority (EMRA) annulled the license of the OMV Petrol Ofisi company for the sale of oil products and gas.
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