Turkey to seek larger share in Libyan oil production

Turkish Energy Minister Taner Yildiz said that Turkey is paying attention to Libya in terms of oil exploration and production abroad. Having met Libyan officials following his visits to Qatar and Algeria, Yildiz told press that Turkey is seeking larger share in Libyan oil production. Yildiz stated that Turkey's stake in Libya's Fezzan fields includes exploration and production efforts, yet it is still not enough. "We have demanded new fields, and there are three possibilities on this topic. First of all, the independent approach of the Turkish Petroleum Corporation (TPAO); secondly, the cooperation between TPAO and the Turkish private sector; and lastly, the independent work of the private sector," he said. Speaking on Turkey's oil imports from Iran, Yildiz also told reporters Turkey is evaluating how much petrol it will request from the U.S.-sanctioned country.