Turkish Genel Enerji in Talks with Three Global Oil Companies

Turkish Genel Enerji in Talks with Three Global Oil Companies
Πεμ, 19 Μαΐου 2011 - 17:10
Cukurova Group's Genel Enerji, a Turkish oil firm active in Northern Iraq, is in talks with three big global oil companies over a minority stake sale, its chief executive Mehmet Sepil told Reuters on Wednesday.

Cukurova Group's Genel Enerji, a Turkish oil firm active in Northern Iraq, is in talks with three big global oil companies over a minority stake sale, its chief executive Mehmet Sepil told Reuters on Wednesday.

A stake sale will probably be for 20 to 25 percent of the firm, Sepil said, adding that talks had reached an advanced level with one of the global firms as there was huge interest in Iraq. He declined to name the companies.

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