Turkey Looks to Expand Oil and Gas Exploration in Its Region

Turkey secures rights to 90 percent of oil and gas output in Somalia deal, document shows - Nordic Monitor

Levent Kenez/Stockholm The full text of a wide-ranging hydrocarbons agreement between Turkey and Somalia has been made public following its submission to the Turkish Parliament for ratification on April 22. The release of the document has offered the first detailed insight into the scope, terms and strategic intentions behind Ankara’s deepening energy and defense partnership with Mogadishu. Turkey has secured sweeping operational and financial p…

Turkey Looks to Expand Oil and Gas Exploration in Its Region

Turkey is boosting domestic natural gas production in its Black Sea waters and is looking to expand its international partnerships in oil and gas exploration in Bulgaria’s Black Sea, in the Caspian Sea region, and in Iraq, Turkish Energy and Natural Resources Minister, Alparslan Bayraktar, said on Monday. Turkish state energy firm TPAO and an international oil firm are negotiating a deal for oil and gas exploration in the Black Sea block off the…

Turkey Plans Oil and Gas Exploration in Bulgaria, Libya and Iraq

Turkey is in talks to look for oil and gas in Bulgaria, and is also planning exploration work in Iraq and Libya, Energy Minister Alparslan Bayraktar said.

Turkey’s bold energy expansion threatens western dominance as Ankara seeks oil and gas in Bulgaria, Libya, and Iraq – altnews.org

Turkey’s bold energy expansion threatens western dominance as Ankara seeks oil and gas in Bulgaria, Libya, and Iraq Turkey’s Energy

Oil: Turkey is booming with explorations in Bulgaria, Iraq and Libya, and beyond - Economic Scenarios

Turkey is currently in talks to explore oil and gas fields in Bulgaria, with similar plans for Iraq and Libya, Turkish Energy Minister Alparslan Bayraktar has revealed . According to the minister, state energy company Turkiye Petrolleri AO (TPAO) will sign an agreement with an unidentified foreign partner within the next month to conduct exploration in the Bulgarian section of the Black Sea. Turkey not only wants to increase domestic oil and gas…

Secret Oil and Gas Agreement Between Somalia and Turkey Sparks Outrage After Leak – Somali Dispatch

MOGADISHU (SD) – A confidential agreement between the Federal Government of Somalia and Turkey has surfaced, revealing alarming clauses after being obtained by the international monitoring network Nordic Monitor. The agreement, reportedly signed last year, contains provisions indicating that Somalia would significantly lose out on potential benefits from its offshore oil and gas resources. Key Revelations: Resource Exploitation Terms: Reports in…