Turkey Ready to Explore Oil and Gas in Syria
Turkey announced readiness to conduct oil and gas exploration in Syria alongside plans to triple electricity transmission capacity. Both nations also signed a deal on phosphate resources.
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Turkey will partner with Syria to explore for Natural Gas and crude oil, deploying state fleets for onshore and offshore drilling. The bilateral energy pact expands Turkey's regional footprint following deep-sea operations near Somalia and Libya. The joint venture aims to unlock hydrocarbon reserves while immediately scaling up cross-border electricity transmission.
