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Turkish Energy Minister: Ankara Ready for Syria Oil and Gas Exploration
๐Ÿ‡ฌ๐Ÿ‡ท Greece /Energy & Infrastructure

Turkish Energy Minister: Ankara Ready for Syria Oil and Gas Exploration

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Turkey is ready to cooperate with Damascus on oil and gas exploration in Syria.
  • Turkish Energy Minister Alparslan Bayraktar stated this readiness in Damascus.
  • The Turkish state-owned TPAO and private companies are prepared to participate.

Turkey has declared its readiness to collaborate with Syria on exploiting the nation's oil and natural gas reserves. Turkish Energy Minister Alparslan Bayraktar conveyed this message during a joint press conference in Damascus with his Syrian counterpart, Mohammad al-Fajr.

Bayraktar indicated that Turkey's state-owned energy company, TPAO, along with private Turkish firms, are prepared to engage in exploration and extraction activities within Syria. This offer of cooperation comes amid Syria's ongoing efforts to revitalize its energy sector, which has been significantly impacted by years of conflict.

The Turkish minister's statement suggests a potential shift in regional energy dynamics, proposing a joint venture that could benefit both nations. The specifics of such cooperation, including revenue sharing and operational control, remain to be detailed, but the initial offer signals a willingness from Ankara to explore resource development in its war-torn neighbor.

Turkey is ready to cooperate with Damascus for the exploitation of oil and natural gas fields in Syria.

โ€” Alparslan BayraktarTurkish Energy Minister Alparslan Bayraktar's statement during a joint press conference in Damascus.
DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.