BAKU, Azerbaijan, May 8
By Fidan Babayeva - Trend:
The Turkish Ministry of Energy and Natural Resources has prolonged the license for the exploration of oil and gas deposits by Thrace Basin Natural Gas Turkiye Corporation, Corporate Resources B.V., and Pinnacle Turkey Inc, a source in the ministry told Trend on May 8.
According to the ministry, Thrace Basin Natural Gas Turkiye Corporation's license was prolonged for another 12 years - until November 8, 2032.
The three companies will conduct oil and gas exploration in Tekirdag province, north-west Turkey, the ministry said.
In 2019, exploration drilling work was carried out in Turkey to search for hydrocarbons, 5,063 exploration wells were drilled.
During the year, the total depth of exploration drilling operations amounted to over 9.5 million meters.
In April 2014, a law came into force in Turkey allowing oil exploration in forests and national parks.
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