Turkish firms partner up with Royal Dutch Shell

Turkish state firms Botas and TPAO and global energy major Royal Dutch Shell have formed a natural gas exploration and marketing partnership in Iraq, Turkish Energy Minister Hilmi Guler said yesterday. TPAO has also been invited to enter exploration tenders for eight oilfields in Iraq, for which the firm may form a partnership with Shell, Guler said.
Energia.gr
Παρ, 21 Νοεμβρίου 2008 - 15:19

Turkish state firms Botas and TPAO and global energy major Royal Dutch Shell have formed a natural gas exploration and marketing partnership in Iraq, Turkish Energy Minister Hilmi Guler said yesterday.

TPAO has also been invited to enter exploration tenders for eight oilfields in Iraq, for which the firm may form a partnership with Shell, Guler said. “There is a possibility of a TPAO partnership with Shell, especially on the Kirkuk field,” Guler said during the signing of a memorandum of understanding with the energy major. Last week TPAO Chief Executive Mehmet Uysal told Reuters his company had reached the final stage of talks with Shell to bid together in a partnership in oil exploration tenders in Iraq.

The agreement between Turkey and Shell will also cover possible gas infrastructure projects in Turkey including links with neighboring countries.

(KATHIMERINI, 21/11/2008)

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