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TPAO obtains license for oil and gas exploration in three Turkish provinces

Oil&Gas Materials 4 January 2019 12:19 (UTC +04:00)

Baku, Azerbaijan, Jan. 4

By Rufiz Hafizoglu - Trend:

The Turkish Petroleum Corporation (TPAO) has received a license for oil and gas exploration in Siirt, Batman and Konya provinces, Trend reports referring to the Turkish Ministry of Energy and Natural Resources.

The license has been issued for the exploration of oil and gas in the territory with a total area of more than 80,000 hectares.

"TPAO appealed to the ministry to obtain a license for oil and gas exploration in Siirt province on May 11, 2018, in Batman province - on August 7, in Konya province - on May 2, 2018," the ministry said.

The law permitting oil exploration in forests and national parks came into force in Turkey in April 2014. The ministry said that 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, 1863 exploration projects were carried out in Turkey to search for new oil and gas fields.

Turkey also plans to establish a new company for the exploration of oil and gas abroad.

The new company is expected to be engaged in oil and gas exploration in Central Asia and Africa.

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Follow the author on Twitter: @rhafizoglu

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