ECONOMY

Turkey’s Turcas looking to buy gas from East Med’s Leviathan field

Turkish fuel retailer Turcas said on Tuesday its gas unit has begun nonbinding talks with another company to jointly procure natural gas from the Leviathan field in the Eastern Mediterranean for Turkish markets.

Turcas is in talks with Istanbul-based Enerjisa, which is owned by Turkey’s Sabanci Holding and German utility E.ON, to buy the gas from the Israeli field, according to the stock exchange filing.

[Reuters]

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