BAKU, Azerbaijan, June 17
By Leman Zeynalova – Trend:
Turkish subsidiary of Azerbaijan’s state oil company SOCAR and Turkish TPAO may theoretically work together in the field development and production activities, Trend quoted SOCAR Turkey Deputy Chairman of the Board of Directors Vagif Aliyev as saying.
Vagif Aliyev pointed to the strategic importance of Turkey's gas discoveries in the Black Sea. "Theoretically, we may work together with TPAO in field development and production activities. It is in our professional interest." he said.
He recalled that SOCAR Turkey has been collaborating with TPAO on various projects since 1994 and they can use this experience in third countries. Nevertheless, Vagif Aliyev said it is possible to work in energy-rich regions nearby,
Turkey’s president announced on June 5 that a 135 billion cubic meter natural (bcm) gas reserve has been discovered in the Black Sea.
---
Follow the author on Twitter: @Lyaman_Zeyn
