Turkey says may begin oil exploration under Libya deal in 3-4 months

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Turkey's Energy Minister Fatih Donmez says the country may start oil exploration in Libya in 3-4 months

"Within the framework of the agreement we reached with Libya we will be able to start our oil exploration operations there within three to four months," said Energy Minister Fatih Donmez.

Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya, Energy Minister Fatih Donmez said on Friday. Greece, the Greek Cypriot administration and others oppose the accord and claim its illegal, an accusation Ankara has rejected. Speaking at a ceremony to mark the launch of Turkey's oil-and-gas drilling ship Fatih to the Black Sea, Donmez said Turkish Petroleum , which had applied for an exploration permit in the eastern Mediterranean, would begin operations in areas under its license after the process was completed.

 

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