(EnergyAsia, June 3) — Indian Oil Corp (IOC) is looking to buy a 50% stake in Turkish Petroleum Refineries Corp (Tupras), the country’s biggest refining company. Tupras owns four refineries – Izmit, Izmir, Kirikkale and Batman – with a combined capacity of 27.6 million tonne per year, or 86% of Turkey’s total refining capacity. Tupras,…
INDIA: Indian Oil bids for 50% stake in Turkish Petroleum
Posted on June 3, 2005 by EnergyAsia