Turkish subsidiary of SOCAR increases gas sales over 4%

Bursagaz, transferred under the control of the State Oil Company of Azerbaijan (SOCAR) and supplying natural gas to 11 regions of the Turkish city of Bursa, sold 773.891 million cubic meters of natural gas in the first half of this year, Report informs citing Turkish media.

This is an increase of 4.21% compared to January-July last year.

In the first half of this year, the number of subscribers also increased to 1.1 million. The volume of natural gas alone used by subscribers - residents of apartments, amounted to 586.419 million cubic meters, which is 10.3% more than in the first half of last year.

The process of selling Bursagaz, Kayserigaz, Enervis, EWE Enerji and Millenicom, which are part of EWE Turkey Holding (a subsidiary of the German EWE), to SOCAR Turkey Enerji A.S. ended June 17, 2018. The sale and purchase documents for these companies were signed in January 2019.

To manage the companies acquired from the German company EWE, SOCAR Turkey Enerji A.S. established SOCAR Turkiye Dogal Gaz Yatirim A.S.