In 2013 Turkey extracted 2.4 million tons of oil and 555 million cub.m. of natural gas on its own territory, RIA Novosti quoted the Turkish Ministry of Energy and Natural Resources as saying on Monday.
Last year 50 companies (26 local ones and 24 with foreign capital) were involved in exploration of onshore and offshore oil and gas fields. 168 wells have been drilled, up 6% against 2012. Of those wells 42 ones produced oil and 5 ones natural gas.
In 2013 investments in to the exploration and production of oil and gas totaled $952 million. Investments of the Turkish State Oil and Gas Corporation TPAO comprised half of this sum. In 2013 local oil and gas production in Turkey allowed saving $2.3 billion as a part of their import.
About 10,000 people are employed in the oil and gas industry of Turkey.—0—
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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