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TURKISH PETROLEUM CORPORATION - TPAO

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note from the president<br />

6<br />

Companies operating in oil sector are faced<br />

with complicated and rapidly changing<br />

situations following the social change<br />

occurred in the Middle East and North<br />

Africa in 2011.<br />

As Turkish Petroleum, we continue to<br />

organize new partnerships, activities<br />

and projects aiming long-term growth in<br />

accordance with the vision and mission of<br />

meeting the increasing energy demand of<br />

our country.<br />

In this context, signing oil services and<br />

production share agreement with TRNC<br />

covering 7 offshore and 1 onshore fields,<br />

we continue on our way as leading player<br />

of East Mediterranean Region. We also<br />

signed joint operating agreements with Shell<br />

in order to conduct both unconventional<br />

studies in Southeastern Region of our<br />

country and exploration and production<br />

activities in Mediterranean. We participated<br />

in Trans Anatolia Pipeline Project (TANAP)<br />

that will enable to transport Azeri gas to<br />

Europe through Turkey.<br />

of them are<br />

deepwater

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