Turkey in Talks with KRG on 13 Exploration Blocks
OREANDA-NEWS. Turkey is in talks with northern Iraq's Kurdistan Regional Government (KRG) about joint exploration on 13 oil and gas blocks in the semi-autonomous region, Turkey's Energy Minister Taner Yildiz said.
The Turkish Energy Company (TEC), a state-backed vehicle established to operate in Iraqi Kurdistan, is aiming to partner with a third party in six of the blocks, Yildiz said, adding talks for the potential contracts have not been finalised.
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