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