]]> Turkey President Erdogan has stated that Somalia has invited Turkey to explore for oil in its seas. Credit: gloriaurban4 from Pixabay. <\/p>\n
The President of Turkey, Tayyip Erdogan, has said that the country received an invitation to explore oil in Somalian waters from Somalia.<\/p>\n
NTV reported that Turkey signed a maritime delimitation agreement with Libyas Government of National Accord (GNA) last year.<\/p>\n
An exclusive economic zone can be established from Turkeys southern coast to Libyas northeast shores. Also, this relationship between Turkey and Libya could result in attracting international oil companies.<\/p>\n
During a meet with reporters, Erdogan said Turkey would take necessary steps in line with the offer. He did not give further details.<\/p>\n
Seismic studies have revealed that there could be significant oil and gas resources in offshore Somalia.<\/p>\n
Erdogan said: There is an offer from Somalia. They are saying: There is oil in our seas. You are carrying out these operations with Libya, but you can also do them here. This is very important for us.<\/p>\n
Therefore, there will be steps that we will take in our operations there.<\/p>\n
Since the Somalian famine of 2011, Turkey has been a major source of aid for the country. Turkey has helped it to build roads and trained soldiers.<\/p>\n
Earlier this month, the Upper House of the Somalian Parliament has approved a new petroleum law which it expects to attract investments from big oil companies.<\/p>\n
<\/p>\n
More here: <\/p>\n
Turkey receives invitation from Somalia to explore offshore oil - Offshore Technology<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" ]]> Turkey President Erdogan has stated that Somalia has invited Turkey to explore for oil in its seas. Credit: gloriaurban4 from Pixabay. The President of Turkey, Tayyip Erdogan, has said that the country received an invitation to explore oil in Somalian waters from Somalia Continue reading