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Oil field discovered in Turkey

Oil&Gas Materials 3 April 2012 16:19 (UTC +04:00)

Azerbaijan, Baku, April 3 / Trend, A.Taghiyeva /

The U.S. company Pemi discovered an oil field in the Turkish city of Batman, where it dealt with hydrocarbon exploration, the Sabah newspaper reported on Tuesday.

Thus, the number of oil wells in this territory increased from 20 to 60. The company intends to increase oil production from these fields up to 2,700 barrels per day.

Turkey is actively engaged in search of oil fields to reduce dependence on oil supplies from abroad. The recent prospecting operations in the Sinop area, on which great hopes were placed, yielded no results.

After Nicosia began developing the shelf near the shores of the island, Turkey began exploring for oil and gas in the exclusive economic zone of Northern Cyprus along with the Turkish Republic of Northern Cyprus.

Turkish Prime Minister Recep Tayyip Erdogan and President Dervis Eroglu of the Turkish Republic of Northern Cyprus (TRNC) signed an agreement on exploration and production of oil and gas.

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