Petroleum Pipeline Company (BOTAS) was established based on the Decree No. 7/7871 with the purpose of transporting Iraq’s crude oil to İskenderun Bay, in accordance with the Crude Oil Pipeline (COP) Agreement signed between the Governments of the Republic of Turkey and the Republic of Iraq on 27.08.1973. BOTAŞ, initially operates only in transportation of crude oil through pipelines, has engaged in natural gas transportation and trade activities with the aim of meeting the increasing energy demand of Turkey.

BOTAS was restructured as a State Owned Enterprise, subject to the Decree Law No. 233 and holding its activities in line with profitability and efficiency principles, based on the Decree of the Council of Ministers No. 96/6526 dated 08.02.1995.