Turkey is planning to launch new oil and natural gas exploration projects in Libya, Iraq, and Somalia as part of its strategy to reduce reliance on foreign energy sources.
Energy Minister Alparslan Bayraktar announced that Turkish Petroleum Corporation is actively exploring new ventures in these countries, as well as Azerbaijan.
The initiative aims to diversify Turkey’s energy suppliers and increase domestic production.
Libya’s National Oil Corporation has also unveiled plans to offer 22 onshore and offshore exploration blocks in an upcoming international licensing round, with the goal of boosting national crude oil production to 2 million barrels per day by 2027.
