Turkey eyeing Gabon’s Oil

12 November 20150
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Turkish oil company (TPAO) intends to conduct exploration and exploitation of oil in Gabon, according to online newspaper habervakti.com.

Turkiye Petrolleri (TPAO) would join the Malaysian company Petronas to explore and exploit Gabon’s oil. This project will allow Turkey to proceed, for the first time, to oil exploration in sub-Saharan Africa.

According to the head of TPAO, discussions are going well. "We are dealing with several procedures pending government approval Gabon. If the exchanges are successful, we will proceed with the signature of contracts in Istanbul, "said Besim Şişman.

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