State Sizes Botas Pipeline’s Receivables (19/09/2007)

Τετ, 19 Σεπτεμβρίου 2007 - 10:37
Turkey ordered 35 natural-gas customers of Botaş, the state pipeline company, to pay the Finance Ministry directly in a bid to collect YTL 700 million Botaş owes in back taxes. The energy company has been unable to pay taxes because its customers are not paying their debts. Botaş is owed YTL 10.4 billion, including interest, primarily by Euas, a state-owned power company, and natural gas distributor Ego, which belongs to the city of Ankara. (Bloomberg)