PETFORM

18TH HYDROCARBON EXPLORATION-PRODUCTION SECTOR CONSULTATION MEETING

18th Hydrocarbon Exploration-Production Sector Consultation Meeting

The 18th Hydrocarbon Exploration & Production Consultation Meeting was held on September 29, 2026, with the participation of sector stakeholders, especially the General Manager of Mining and Petroleum Affairs, Mr. Arslan Narin. During the meeting, par...

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18th Hydrocarbon Exploration-Production Sector Consultation Meeting

The 18th Hydrocarbon Exploration & Production Consultation Meeting was held on September 29, 2026, with the participation of sector stakeholders, especially the General Manager of Mining and Petroleum Affairs, Mr. Arslan Narin. During the meeting, participants exchanged views on activities being carried out in Turkey’s exploration and production sector. Mr. Arslan Narin, General Director of Mining and Petroleum Affairs, delivered an investment message to the private sector, noting that realizing Turkey’s hydrocarbon potential for the economy depends on increased exploration activities. Narin emphasized that exploration activities should be viewed as a long-term investment for Turkiye’s energy supply security, stating, “You cannot find reserves where there is no exploration.” PETFORM Chairperson Ms. Gülefşan Göktayoğlu Cengiz stated that while public leadership must be maintained, it is also necessary to create areas where the private sector can operate and foster a climate of trust, emphasizing that the public and private sectors should function as complementary structures. Cengiz called for the private sector’s speed, flexibility, and risk-taking capacity to be utilized more effectively in relatively small-scale operations within Turkiye’s borders.