The State Oil Company of Azerbaijan (SOCAR) obtained tender documents for the purchase of an 80-percent stake in Turkey's gas distribution company Baskent Dogalgaz, Trend cites Reuters as saying.
SOCAR's interest in the company is a part of a strategy to increase investments in Turkey.
According to the source, the deadline for bidding in the privatisation tender was extended earlier until Jan.27 from Oct. 31, and some 10 companies, including some from Spain, were expected to bid, the sources said.
Turkey aims to complete the sale of Baskent Dogalgaz in the first half of 2012, Privatisation Administration acting head Ahmet Aksu told Reuters in an interview in October.
SOCAR seeks to purchase 80-percent stake in Turkish Baskent Dogalgaz
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