Bloomberg News

Azeri Energy Producer to Bid for Istanbul Gas Company

February 13, 2012

(Corrects spelling of Igdas’s name in first paragraph.)

Feb. 13 (Bloomberg) -- State Oil Co. of Azerbaijan will bid for Igdas Istanbul Gaz Dagitim Sanayi Ve Ticaret AS, Istanbul’s gas distribution company, company President Rovnaq Abdullayev said in an interview on ANS television late yesterday.

Abdullayev said his company, known as Socar, is interested in distributing the natural gas it sells to Turkey. Turkey gets about 6 billion cubic meters of gas from Azerbaijan a year. That may double when output begins at the second phase of the BP Plc- led Shah Deniz development, also including Socar, in 2017

--Editor: Tony Barrett, Torrey Clark

To contact the reporter on this story: Zulfugar Agayev in Baku at

To contact the editor responsible for this story: Hellmuth Tromm at

Later, Baby

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