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Thursday, 24 July, 2008, 09:40 GMT | more prices >>

Turkey and Shell look to Iraq



By Upstream staff 

Turkish companies and Shell have set up a consortium to bid for a gas production licence in Iraq and build a pipeline to Turkey's energy hub of Ceyhan, an industry source has said.

"There is a joint venture that has been set up to that end among state-owned Turkish Petroleum TPAO, Shell, state pipeline operator Botas and Turkish company Tekfen," the source told Reuters at an energy conference in Istanbul.

The pipeline would run parallel to an existing oil pipeline from Iraq's Kirkuk to Ceyhan on the Mediterranean.

The source said the production of gas and its transport to Turkey were a focus of discussions between Iraqi, Turkish and US officials at a meeting on Friday in Istanbul.

Turkish Energy Minister Hilmi Guler confirmed the meeting, saying it had been successful, but declined to comment on what had been discussed.

"This meeting was the first. We will meet again soon," he told Reuters on the sidelines of the conference.


Friday, 09 March, 2007, 15:01 GMT  | last updated: Friday, 09 March, 2007, 15:01 GMT

Eye on Iraq: Turkey, with supermajor Shell
 

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