Middle East Economic Survey

VOL. LI

No 6

11-February-2008

TURKEY

Turkey Starts Oil Exploration In Northern Aegean Sea

Turkey has launched an oil exploration program in the Gulf of Saros in the northern Aegean Sea, the countrys Minister of Energy Hilmi Guler announced on 2 February in Ankara. The Gulf of Saros is an inlet of the Aegean located north of the Gallipoli Peninsula and the exploration area is about six miles from the Turkish coast. It was also announced by the General Director of Turkeys...