BOTAS was established on August 15, 1974 by The Turkish Petroleum Corporation (TPAO) under Decree No 7/7871, for the purpose of transporting Iraqi crude oil to the Ceyhan (Yumurtalsk) Marine Terminal, in accordance with the Iraq-Turkey Crude Oil Pipeline Agreement signed on August 27, 1973 between the Governments of the Republic of Turkey and the Republic of Iraq. Because of Turkey’s increasing need for diversified energy sources, since 1987 BOTAS has expanded its original purpose of transporting crude oil through pipelines to cover natural gas transportation and trade activities, therefore becoming a trading company. BOTAS’ monopoly rights on natural gas import, distribution, sales and pricing that was granted by the Decree of Natural Gas Utilization No. 397 dated February 9, 1990, were abolished by the Natural Gas Market Law. The Law covers import, transmission distribution, storage, marketing, trade and export of natural gas and the rights and obligations of all real and legal persons related to these activities. BOTAS Undertakes on its activities as a major market player pursuant to the Natural Gas Market Law No. 4646
BOTAS activities include transporting crude oil through pipelines to cover natural gas transportation and trade activities. BOTAS’ monopoly rights on natural gas import, distribution, sales and pricing and to supply energy to national and international markets through a body, which is strong financially and organisationally, while creating competitive advantage through knowledge, productivity and high technology within the framework of international quality standards.