As of 2015

This creates a significant opportunity for further exploration and development of hydrocarbons in Turkey. ARAR believes that there is a shortage of players in the Turkish market.

In the period from the inception of the Petroleum E&P industry in Turkey until today, significant progress has been made in some parts of the country.

©2019 ARAR Petrol ve Gaz AÜPAŞ

Turkish E&P activity still predominantly in 2 areas

Expanding International Pipelines Infrastructure from Russia and Caspian to Europe and Ceyhan bolstering import and export capacity

Increased activity in East Mediterranean: Israel, Egypt, Cyprus and Lebanon