BOTAŞ

This article is about pipeline corporation. For the sports club, see Botaş SK. For other uses, see Botas (disambiguation).
BOTAŞ Petroleum Pipeline Corporation
Company type
State-owned
IndustryEnergy
Founded1974
FounderTürkiye Petrolleri Anonim Ortaklığı
Headquarters
Ankara
,
Turkey
Key people
Abdulvahit Fidan (Chairman of the Board of Directors and General Manager)[1]
ServicesOil and Natural Gas Transmission, Natural Gas Storage, Natural Gas Trade
OwnerTurkey Wealth Fund
DivisionsNatural Gas Operations District Management, Petroleum Operations District Management, Dörtyol Operation Management, LNG Operation Management
Websitewww.botas.gov.tr

https://finmaxft.com

https://fundturkltd.org/

BOTAŞ Petroleum Pipeline Corporation (BOTAŞ) is the state-owned crude oil and natural gas pipelines and trading company in Turkey. The company was established in 1974 as a subsidiary of TPAO. Since 1995, BOTAŞ is a wholly state-owned company.

History

BOTAŞ was originally established in 1974 for the construction and operation of the Kirkuk–Ceyhan Oil Pipeline. Since 1987, BOTAŞ has also been involved in the natural gas transportation and trade activities. From February 9, 1990, until May 2, 2001, BOTAŞ had monopoly rights on natural gas import, distribution, sales and pricing.[2] In practice, the gas distribution monopoly of BOTAŞ ended only in 2007, when Royal Dutch Shell and Bosphorus Gaz, a joint venture of Gazprom and Tur Enerji, started to sell natural gas in the market.[3]

Pipeline operations

In addition to the Kirkuk–Ceyhan Oil Pipeline, BOTAŞ owns and operates Ceyhan–Kırıkkale, Batman–Dörtyol, and Şelmo–Batman crude oil pipelines. It also owns and operates the national gas grid of Turkey with total length of 4,500 kilometres (2,800 mi), and Marmara Ereğlisi Liquefied Natural Gas (LNG) Import Terminal. Internationally, BOTAŞ participates in the Baku–Tbilisi–Ceyhan pipeline, Arab Gas Pipeline section between Syria and Turkey, and Turkey–Greece gas pipeline.[2] It was also a partner in the Nabucco Pipeline project.[4]

Finance

Energy analysts think that imports from Azerbaijan are being bought at a discounted spot price until 2024.[5] In 2019 BOTAŞ made an operating loss of 2 million 3 hundred thousand lira for each of its 2700 employees.[6]: 28  The company is on the Global Oil & Gas Exit List.[7]

Fleet

Name Built by Type Acquired Note
Ertuğrul Gazi South Korea Hyundai Heavy Industries Floating Storage Regasification Unit (FSRU) 2021 [8]
VASANT-1 Leased[9]
- Turkey ASFAT Marine Cleaning and Oil Collection Vessel On order.[10]
Sultanhanı Turkey UZMAR Shipyard Tugboat 2025 [11]
Silivri

See also

References

  1. ^ "Board" (in Turkish). 2023-10-01. Retrieved 2023-10-31.
  2. ^ a b "About us - BOTAS AS". Nabucco Gas Pipeline International GmbH. Archived from the original on 2008-02-14. Retrieved 2008-03-08.
  3. ^ "Shell first to end Botas gas monopoly in Turkey". Reuters. 2007-02-02. Archived from the original on 12 April 2008. Retrieved 2008-03-08.
  4. ^ "RWE joins Nabucco consortium as sixth partner" (PDF) (Press release). Nabucco Gas Pipeline International GmbH. 2008-02-06. Archived from the original (PDF) on 2008-05-30. Retrieved 2008-02-19.
  5. ^ "Azerbaijan and Turkey tight-lipped over new gas deal | Eurasianet". eurasianet.org. Retrieved 2021-10-02.
  6. ^ 2019 Annual Ownership Report for State Owned Enterprises (PDF). Ministry of Treasury and Finance (Turkey) (Report).
  7. ^ "Global Oil & Gas Exit List". Urgewald. Retrieved 2022-11-10.
  8. ^ "Ertuğrul Gazi FSRU Gemisi Depremde Gaz Sistemine Can Oldu | BOTAŞ - Boru Hatları İle Petrol Taşıma Anonim Şirketi". www.botas.gov.tr. Retrieved 2024-07-21.
  9. ^ "FSRU Gemi Kiralama Hizmeti | BOTAS Trading IC". www.botastrading.com. Retrieved 2025-01-18.
  10. ^ "ASFAT'tan Türkiye'nin Enerji Hamlesine Çevreci Destek | SavunmaSanayiST" (in Turkish). 2024-07-20. Retrieved 2024-07-21.
  11. ^ "BOTAŞ, 'Sultanhanı' ve 'Silivri'yi UZMAR'dan teslim aldı". Deniz Haber (in Turkish). 2025-01-17. Retrieved 2025-01-18.

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