Turkey to seek oil, gas in vicinity of Istanbul
Baku, Azerbaijan, May 27
By Rufiz Hafizoglu - Trend:
Turkish Petroleum Corporation (TPAO) will start oil and gas exploration in the vicinity of Istanbul, the Turkish newspaper Milliyet said May 27 with reference to the Ministry of Energy and Natural Resources of Turkey.
In addition to the neighborhoods of Istanbul, TPAO will hold oil and gas exploration in the province of Tekirdag in northwestern Turkey.
Work on oil and gas exploration in these regions will last for the next three years.
Turkey is actively searching for oil fields to reduce dependence on oil products from abroad. The high-quality oil reserves were discovered in the Magrip field, Kurtalan area, Turkish province of Siirt in January 2013.
Turkey is currently engaged in the oil and gas exploration in 13 regions in the north of Iraq. Turkish Energy Company explores seven regions of Iraq. Turkish Energy Company together with Exxon Mobil conducts the operations in six regions.
Edited by CN
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