Türkiye is active to close global transactions in search of energy and influence

From US natural gas to oil, in Southeast Asia, and uranium in sub -Saharan Africa, Turkey is a global campaign to seek energy and basic commodities, and utilizes the growth in foreign policy to improve its position in the race to control resources. This campaign runs at an accelerated pace this year, as Ankara signed exploration agreements on three continents, the most recent of which was in the Sultanate of Oman last week, and assured specialized ships to support these activities. At the same time, the Turkish government gas business prepares ‘Potash’ to play a new role as an international trading business. The goal is to ensure access to the biological goods needed to feed the $ 1.4 trillion Türkiye’s economy, at a time when uncertainty about supply chains is increasing. This trend is similar to what China has done, but on a large scale since the 1990s, by expanding its governmental companies internationally. As for President Recep Tayyip Erdogan, it is also a way to improve his country’s influence and build broad economic relations. According to Ahmed Turkoglu, head of the Turkish Petrolleri AO, who specializes in exploration and production activities, which currently produce oil in Russia, Azerbaijan and Iraq, in addition to local production, these projects have become a necessity. You may also be interested in: Türkiye is on their way to expanding its oil activity … from Libya and Iraq to the Black Sea said in a speech last month: “Geopolitical facts, such as offer and technology security, are no more options, but rather necessities.” But in some respects, this ambition seems excessive, as the responsibility for exploration projects, usually undertaken by huge energy companies or smaller specialized businesses, is referred to government employees. This means that investment and spending use an element of risks to use public money. “For a national oil company, entering preliminary exploration activities is a major risk of public funds,” says Valery Marcel, executive director of the ‘New Productions for Sustainable Energy’. She added: “It is an area where big profits can be made, but it also involves the possibility of loss.” Ankara promotes itself türkiye is not the only country seeking basic merchandise. For example, Europe has launched a major campaign to buy liquid natural gas while trying to get rid of the dependence on Russia. While promoting himself to foreign governments, Ankara emphasizes his gas project in the depths of the Black Sea as proof of his ability to implement large -scale complicated projects. It also highlights the geographical location between Europe and Asia, and the absence of colonial heritage compared to the Western peers. Türkiye also expands its fleet of specialized ships. The Turkish government Petroleum Company recently bought two drills from the Norwegian Eldorado management company for about $ 245 million each. This year, businesses controlled by the Ministry of Energy have signed exploration and production agreements with Oman, Libya, Pakistan, Azerbaijan and Hungary, which has strengthened Türkiye with their relations with them over the past year. See also: Erdogan: Türkiye will start exploring oil and gas in Libyan waters in the mining sector. Türkiye studies golden resources in Sudan, as it provides support to the government that is fighting a civil war. Officials have also indicated that they have conversations to keep transactions in Angola, Malaysia, Indonesia, Niger, Turkmenistan, Iraq and Bulgaria. The discussions with Niger, one of the largest uranium producers in the world, show how Turkey benefited from the country in 2023 in the country, and of the ruling military council to expel the French production company “Urano” that worked in the country for years. An increasing influence of Turkey will contribute to the control of important natural resources abroad to improve the influence of türkiies within these countries, and open the door for opportunities for collaboration in other areas, such as trade and defense. This strategy is based on what started the most important national oil companies in China about three decades ago; When I began to consolidate its presence in developing countries. Since then, his work has doubled and expanded its commercial offices abroad, which strengthened its role in the energy market. “Türkiye is looking for energy diplomacy within a broader political purpose: to raise its position as a regional power,” said Arslan’s funeral, first director of the Atlantic Council in Turkey. Energy trading also expands the National Gas National Company in Türkiye, as it turns from a mere import that receives supplies in world stores that can buy and buy profits. The company has signed contracts to enter liquid natural gas that gives control of shipping operations for the first time, and there is also talk to obtain extra elastic quantities, especially from the United States, according to informed persons who refused to reveal their identity to discuss internal issues. The company plans to open an office in Switzerland this year, according to one of the people, a step that will give it a presence among the largest basic commodity stores in the world. “Botash” and “Turkey Petrolleri” or the Ministry of Energy did not respond to requests to comment on this matter. Rapid growth in liquid US gas exports and growing global demand offers profitable commercial opportunities. Traditional buyers regularly behave from China to Japan, as traders who sell their shipping to Europe when the opportunity is. Turkey’s impact on global energy will allow access to LNG at the global level of Turkey to diversify its current sources, including Russia, Azerbaijan and Iran, and it may be possible to join the list of export countries, promoting its impact on the global energy market. In the field of exploration, the most prominent external project so far in Somalia, where a research ship belonging to the Turkish petroleum business has recently ended a seven -month search for hydrocarbons. If the results, which have not yet been announced, come, Türkiye will acquire exclusive production rights, which adds a profitable natural resource to its portfolio in this country. But in light of the risks associated with some of these projects, questions arise about their costs. The government did not make clear how the international expansion of these businesses would be funded. “Whether in the Black Sea or Somalia, expenses are one of the public funds,” says Ali Aref Ayfik, the former head of the Potash Gas Purchase Division, which now works as an independent consultant. He added: “The source activities (exploration and production) in oil and gas have a lot of uncertainty and technical and geological risks, in which case there is no transparency about the size of the funds that are at risk.”