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Turkey's oil and gas market is a crucial component of its energy sector, catering to the nation's growing energy demands. Despite domestic production, Turkey heavily relies on imports to meet its energy needs. The recent discovery of natural gas reserves in the Black Sea holds promise for reducing import dependency and boosting domestic energy production.
Turkey Oil and Gas Government Procurement
The Turkish government plays a significant role in the procurement of oil and gas products and services. The country's Ministry of Energy and Natural Resources is responsible for overseeing the procurement process, ensuring transparency and compliance with regulations.
Key Figures: In 2022, the Turkish government spent over USD 20 billion on oil and gas procurement.
Main Oil and Gas Products and Services Procured by Turkey Government
The Turkish government procures a wide range of oil and gas products and services, including:
Crude oil: Turkey imports a significant portion of its crude oil requirements, with key suppliers including Russia, Azerbaijan, and Iraq.
Natural gas: Turkey is increasingly turning to natural gas as a cleaner energy source, with domestic production and imports from Russia and Iran.
Refined petroleum products: Turkey has a well-developed refining industry, producing gasoline, diesel, and other refined products.
Oil and gas infrastructure: The government procures services for the development and maintenance of oil and gas infrastructure, such as pipelines, storage facilities, and refineries.
The top authorities responsible for oil and gas procurement in Turkey are:
Ministry of Energy and Natural Resources: The ministry oversees the overall procurement process and sets policies and regulations.
Turkish Petroleum Corporation (TPAO): The state-owned oil and gas company is responsible for procuring oil and gas for its own operations.
BOTAŞ: The state-owned pipeline company is responsible for procuring natural gas for the country's distribution network.
The top winners of Turkey oil and gas procurement contracts include:
Turkish companies: Tüpraş, OMV Petrol Ofisi, and Petkim are among the leading Turkish companies involved in oil and gas procurement.
International companies: BP, Shell, and ExxonMobil are also major players in the Turkish oil and gas market.
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