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Two Turkish companies receive license for oil and gas exploration

Oil&Gas Materials 12 July 2018 15:33 (UTC +04:00)

Baku, Azerbaijan, July 12

By Rufiz Hafizoglu - Trend:

The Turkish companies "Traoil Dogal Enerji Kaynakları Arastırma ve Uretim San. Tic. A.S." and "Oz Oil Petrol Rafineri Madencilik Insaat Tic. San. A.S." have received a license for oil and gas exploration, the Ministry of Energy and Natural Resources of Turkey told Trend July 12.

The ministry noted that, the "Traoil Dogal Enerji Kaynakları Arastırma ve Uretim San. Tic. A.S." company has been granted a license for exploration of oil and gas in the provinces of Kirklareli and Tekirdag on site with a total area of 14,510 hectares.

"In turn, the "Oz Oil Petrol Rafineri Madencilik Insaat Tic. San. A.S." company has received a license for exploration of oil and gas in the province of Sirnak, on the territory with total area of 29 534 hectares," - the Ministry stated.

The law permitting oil exploration in forests and national parks came into force in Turkey in April 2014.

According to the report of the ministry, a total of 56 wells have been drilled within the framework of exploration of new oil and gas fields in Turkey since 2014, of which 54 are onshore, and two are offshore.

Around 1,863 exploration work was carried out in Turkey to search for new oil and gas fields as of late 2017.

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Follow the author on Twitter: @rhafizoglu

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