Turkey's Energy Market Regulatory Authority (EMRA) is expanding its investigation into energy giant Shell’s Turkey subsidiary for allegedly failing to provide dealers with the desired amount of fuel for the price hike after the attack on Saudi Arabia's state oil company Aramco’s facilities in September.
According to a Habertürk report, EMRA asked for Shell Turkey’s defense in addition to information and documents regarding the fuel demand and supply movements with the dealers following the attack.
Shell in return requested additional time for defense after the investigation was deepened. Granted an additional 15 days, the company has to make its defense by the second half of this month. The investigation may result in a manipulation penalty up to TL 3 million.