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TURKEY OIL
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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TURKEY OIL
by TLF Wed May 15, 2013 8:09 pm
Turkey Joins Exxon in Kurdistan Oil Deal
Posted on 15 May 2013. Tags: Exxon, Exxon Mobil, ExxonMobil, Kurdistan, oil contracts, TPAO, Turkey, Turkish Petroleum, Turkiye Petrolleri AO
By John Lee.
Turkish prime minister has said that state-owned Turkiye Petrolleri AO (TPAO) is has reached an agreement with the Kurdistan Regional Government (KRG) and ExxonMobil to carry out oil exploration in northern Iraq.
Tayyip Erdoğan (pictured) told reporters:
“Countries from various parts of the
world are taking steps to explore and produce oil in different parts of
Iraq, and then deliver it to world oil markets.
“There’s nothing more normal, more
natural than Turkey, which provides all kinds of support and aid to its
next-door neighbor, to take a step that is based on mutual benefit.“
An Ankara-based source told Hurriyet Daily News that TPAO
will take equity stakes in a partnership with Exxon and KRG, and would
become part of the production-sharing agreement.
Prime Minister Tayyip Erdoğan said that details would be clearer
after his visit to the US – he is due to meet U.S. President Barack
Obama on Thursd
Posted on 15 May 2013. Tags: Exxon, Exxon Mobil, ExxonMobil, Kurdistan, oil contracts, TPAO, Turkey, Turkish Petroleum, Turkiye Petrolleri AO
By John Lee.
Turkish prime minister has said that state-owned Turkiye Petrolleri AO (TPAO) is has reached an agreement with the Kurdistan Regional Government (KRG) and ExxonMobil to carry out oil exploration in northern Iraq.
Tayyip Erdoğan (pictured) told reporters:
“Countries from various parts of the
world are taking steps to explore and produce oil in different parts of
Iraq, and then deliver it to world oil markets.
“There’s nothing more normal, more
natural than Turkey, which provides all kinds of support and aid to its
next-door neighbor, to take a step that is based on mutual benefit.“
An Ankara-based source told Hurriyet Daily News that TPAO
will take equity stakes in a partnership with Exxon and KRG, and would
become part of the production-sharing agreement.
Prime Minister Tayyip Erdoğan said that details would be clearer
after his visit to the US – he is due to meet U.S. President Barack
Obama on Thursd
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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