BAKU, Azerbaijan, July 8
Trend:
The Turkish State Oil Company (TPAO) is interested in participating in the development of oil fields in Azerbaijan, the Ministry of Energy and Natural Resources of Turkey told Trend on July 8.
According to the ministry, TPAO is currently negotiating with the State Oil Company of Azerbaijan (SOCAR).
Earlier, Deputy Chairman of the Board of Directors of SOCAR Turkey Vagif Aliyev said that SOCAR Turkey and TPAO can cooperate in the development and production of the fields.
Aliyev pointed to the strategic importance of Turkey's gas discoveries.
"Theoretically, we may work together with TPAO in field development and production activities. It is in our professional interest," he said.
He reminded that SOCAR Turkey has been collaborating with TPAO on various projects since 1994 and they can use this experience in third countries. At the same time, Aliyev said it’s possible to work in energy-rich regions nearby.
