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Türkiye grows global energy footprint from Kirkuk to Somalia, minister says

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Resources Minister Alparslan Bayraktar said Türkiye is operating on three continents in line with its goal of full energy independence, as Ankara seeks to expand its role in global energy markets.

“Türkiye is becoming an active and strong country in the energy market through strong partnerships on land and at sea, from Kirkuk to Somalia, from Libya to Oman, from Azerbaijan to Hungary,” Bayraktar told Turkish news agency Anadolu.

Bayraktar said Türkiye’s energy investments abroad aim not only to increase oil and natural gas production but also to carry the country’s technical know-how, technology, capital and operational capacity to international markets.

He said every international step taken is transforming Türkiye from a country that accesses energy resources into one that produces energy, invests, establishes partnerships and has a say in the global energy equation.

“Türkiye is operating on three continents in line with its goal of full energy independence,” Bayraktar said.

At the center of this strategy is the goal of transforming Turkish Petroleum Corporation (TPAO) into an international energy company with a daily hydrocarbon production capacity of 1 million barrels of oil equivalent, he said.

Bayraktar said work continues on new projects, licenses and partnerships that will expand TPAO’s international portfolio.

TPAO’s current domestic and international production is about 330,000 barrels of oil equivalent per day, he said. That figure is expected to approach 600,000 barrels per day in 2028 with increased production at the Sakarya Gas Field.

Source:Türkiyetody

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