Turkey may make acquisitions, sign deals for further hydrocarbon exploration by year-end

Turkey may make acquisitions, sign deals for further hydrocarbon exploration by year-end

Turkey may reach agreements to make acquisitions or further explore for hydrocarbons by the end of the year as part of its target to produce 1 million barrels of oil and natural gas a day, Energy Minister Alparslan Bayraktar said on Tuesday. Speaking at the Turkey Energy Summit in Istanbul, Bayraktar said Turkey had a production capacity of 300,000 barrels of oil equivalent, adding thatthe current planning had this reaching 550,000 to 600,000 by…

Türkiye eyes acquisitions, hydrocarbon exploration deals by year-end

Türkiye may reach agreements to make acquisitions or form new partnerships abroad for hydrocarbon exploration before the end of the year, Energy and Natural Resources Minister Alpa...