TURKEY: Turcas-Ibedrola To Bid in Energy Sector
From seeurope.net
Turkey’s Turcas Petrol and Spanish utility Iberdrola plan to bid in Turkey’s privatization of electricity distribution and production, Turcas Chairman Erdal Aksoy said.
Energy Minister Hilmi Güler said earlier in June that Turkey was trying to prepare the power privatization tenders this month. The aim is to liberalize the market through the sale of distribution grids and switch to a system of regional tariffs. Turkey is divided into 21 grids, 20 of which are due to be privatized. Turkish energy demand is expected to grow amid robust economic expansion. The gross national product in Turkey — which has attracted large foreign investment flows in recent years — grew almost 8 percent last year and the government has said it expects 6 percent for this year. Investors from Russia, Italy and Belgium have also expressed interest in the electricity sell-off.
Turkey has a wide-ranging privatization program, backed by its major creditor the International Monetary Fund (IMF).
Erdal also said a new retailing joint venture with oil giant Royal Dutch Shell Plc had a book value of YTL 528 million. “But according to us, its book value is above USD 2 bn,” he said, speaking at an extraordinary shareholders’ meeting.
Source: www.reporter.gr
www.seeurope.net
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
