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Turkish company awarded license for oil & gas exploration

Oil&Gas Materials 7 December 2018 13:59 (UTC +04:00)

Baku, Azerbaijan, Dec. 7

By Rufiz Hafizoglu - Trend:

Turkish company Arar Petrol AS has received a license for oil and gas exploration, Ministry of Energy and Natural Resources of Turkey told Trend on Dec. 7.

The license is issued for oil and gas exploration in a total area of 34,000 hectares in Turkey's Adiyaman province.

The Ministry of Energy and Natural Resources had earlier told Trend that Turkey has expanded the territory for oil and gas exploration in the country.

If earlier there were problems regarding oil and gas exploration in a number of eastern provinces of Turkey, now the exploration is also implemented there.

“Oil and gas exploration is also carried out in the Black Sea,” the ministry said.

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

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

In 2017, 1,863 exploration projects were carried out in Turkey to search for new oil and gas fields.

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Follow the author on Twitter: @rhafizoglu

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