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Turkey's energy watchdog imposes $325,000 fine

- Firms breached license requirements by holding products that contaminated fuel oil in stations.

Turkey's energy watchdog imposed on Saturday a $325,000Ìýfine on three energy companies, according to their official gazette.Ìý

The three energy companies were fined $325,000 --Ìý747, 766 Turkish liras --Ìýas they breached license requirementsÌýby holding products that contaminated fuel oil in stations, according to the Energy Market Regulatory Authority.

The watchdog asked five other companies for their defense statements.ÌýÌý

The regulatory agencyÌýalso authorized 15 new licenses andÌýcancelled the licenses of sixÌýother firms.

By Nuran Erkul

Anadolu Agency

nuran.erkul@aa.com.tr

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