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TPAO plans to produce oil, gas in six African countries

18 March 2013 19:33 (UTC+04:00)
TPAO plans to produce oil, gas in six African countries

The Turkish State Petroleum Corporation (TPAO) intends to conduct exploration and development of oil and gas fields in six African countries, Sabah newspaper reported on Monday.

According to the report, TPAO is in talks with Sudan, Somalia, Tanzania, Niger, Senegal and Cameroon on the exploration and development of hydrocarbons in the countries.

TPAO is also considering cooperation with major oil companies to work in Africa. Once the company reaches an agreement with African countries, the tender will be announced for the creation of a consortium for development of fields.

TPAO previously agreed with the Libyan authorities on exploration and development of oil fields in the country. The parties signed a contract worth $150 million.

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