Prime Minister Recep Tayyip Erdogan said Wednesday that Turkey may be able to meet half of its oil needs by 2015 by developing exploration and production activities in the Black Sea and other fields, the Ihlas News Agency, or IHA, reported.
Turkish state-run oil and gas company TPAO currently conducts exploration and production operations in the Black Sea, Kazakhstan, Azerbaijan, and Libya, and is looking to produce oil and gas in Syria, Iraq, Turkmenistan and Iran.
Production by Turkish companies accounts less than 10% of the country's annual 31 million metric tons of oil consumption.