BOTAŞ Petroleum Pipeline Corporation (BOTAS) is the state-owned crude

oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturate ...

and

natural gas Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ...

pipelines and trading company in

Turkey Turkey, officially the Republic of Türkiye, is a country mainly located in Anatolia in West Asia, with a relatively small part called East Thrace in Southeast Europe. It borders the Black Sea to the north; Georgia (country), Georgia, Armen ...

. The company was established in 1974 as a

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

of TPAO. Since 1995, BOTAS 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. In practice, the gas distribution monopoly of BOTAŞ ended only in 2007, when

Royal Dutch Shell Shell plc is a British multinational oil and gas company, headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New ...

and Bosphorus Gaz, a joint venture of

Gazprom PJSC Gazprom ( rus, Газпром, , ɡɐsˈprom) is a Russian State-owned enterprise, majority state-owned multinational Energy industry, energy corporation headquartered in the Lakhta Center in Saint Petersburg. The Gazprom name is a contract ...

and Tur Enerji, started to sell natural gas in the market.

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 , and Marmara Ereğlisi Liquefied Natural Gas (LNG) Import Terminal. Internationally, BOTAŞ participates in the

Baku–Tbilisi–Ceyhan pipeline The Baku–Tbilisi–Ceyhan (BTC) pipeline is a long crude oil pipeline from the Azeri–Chirag–Gunashli oil field in the Caspian Sea to the Mediterranean Sea. It connects Baku, the capital of Azerbaijan and Ceyhan, a port on the south-easte ...

Arab Gas Pipeline The Arab Gas Pipeline is a natural gas pipeline in the Middle East. It originates near Arish in the Sinai Peninsula and was built to export Egyptian natural gas to Jordan, Syria, and Lebanon, with branch underwater and overland pipelines to and ...

section between Syria and Turkey, and Turkey–Greece pipeline. It is also partner in the

Nabucco Pipeline The Nabucco pipeline (also referred as Turkey–Austria gas pipeline) was a failed natural gas pipeline project from Erzurum, Turkey, to Baumgarten an der March, Austria to diversify natural gas suppliers and delivery routes for Europe. The p ...

project.

Finance

Energy analysts think that imports from Azerbaijan are being bought at a discounted

spot price In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after t ...

until 2024. In 2019 BOTAŞ made an operating loss of 2 million 3 hundred thousand lira for each of its 2700 employees. The company is on the Global Oil & Gas Exit List.

Fleet

References

External links