Turkish Petroleum Corporation plans to search for oil in the
Black Sea with Shell, sources say. However, the ministry has not announced officially
Turkey’s state-run oil researcher TPAO prepares to search for oil in the Black Sea with the Anglo-Dutch Shell, after failed attempts by international energy companies, according to sources.
ministerial sources said TPAO and the Holland-United Kingdom-based
Shell have been in contact for an oil exploration partnership in the
Black Sea. The contract date has been determined to be Feb. 14, when the
two companies will reveal their search and production deal to the
public, sources said.
Furthermore, TPAO, which has carried out
oil and natural gas exploration by itself, has received a proposal from
Shell to work together in the Gulf of Mersin, alongside the other
companies’ proposals, sources say. TPAO might strike a deal with Shell
or another company for a partnership in Mersin, as it had talks with 13
companies for exploring in the İskenderun-Mersin Gulf last year. However,
Energy Minister Taner Yıldız has stated that TPAO would make a deal
with “a giant company” in the next two or three weeks for oil
exploration in the Black Sea, but did not give a company’s name. He also
said in November 2012 that a company that has not made oil explorations
in the Black Sea
yet applied for oil exploration there. The world’s leading companies,
such as Petrobas, Chevron and ExxonMobil, have drilled in the Black Sea.
On the other hand, the Shell CEO said the company was working
on the other side of Black Sea, but they would like to also work on the
Turkish side, during his meeting with Yıldız and Prime Minister Recep Tayyip Erdoğan in September 2012. Moreover, Shell Turkey’s CEO recently stressed their interest in the Black Sea. Shell
has been conducting gas and oil exploration with TPAO in Turkey in the
southeastern provinces of Batman and Diyarbakır, the central Anatolian
province of Sivas as well as off the Mediterranean shore.
A renewed Turkey in energy sector Yıldız
stated Turkey should urgently renew its aging power stations and grids,
adding that electricity meters that have operated for ten years will be
renewed and the cost will not be reflected on consumers, Anatolia news
agency reported yesterday.
“We cannot allow Turkey to have
stations and grids used for 30 or 35 years in 2023. Turkey should be
renewed completely in the energy sector in 2023,” he said.
Yıldız stated that TPAO would continue its work in Libya despite the
country’s rising internal disorder. TPAO applied for new search fields
during its visit to Libya two weeks ago.