Exxon Mobil eyes exploring shale gas in Turkey.

By bne IntelliNews March 13, 2012
CEO of state energy company TPAO, Mehmet Uysal, told Reuters that the company is in talks with the US-based Exxon Mobile on exploring for shale gas in Turkey. Turkey has a 15tn cubic feet of technically recoverable shale gas reserves according to the analysis released by the US government last year, Reuters reported. Please note that TPAO and Shell signed a deal in November for oil and natural gas exploration in the Mediterranean Sea and Turkeys Eastern and South-eastern provinces.

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