Article

Turkish Petroleum Corporation (TPAO) is in confidential talks with Chevron for a partnership aimed at enhancing oil and natural gas exploration, including seismic surveys and drilling, as Turkey seeks to reduce its import reliance. Despite prior collaborations, domestic gas production remains below targets, currently averaging 7.7 million cubic meters daily, with ambitious plans to increase output significantly by 2026 and 2028. The current production meets only 14% of residential demand, underscoring the necessity for further investment in drilling and infrastructure.