Oil Market Activities In Turkey

Introduction

Overall, this article mainly focuses on the oil market activities in Turkey. A robust investment strategy is needed for successful operations. It is remarkable to emphasize at the outset that the oil market is under the strict control of the Turkish government. 

What kind of oil market activities may be carried out?

Of course it depends on the country profiles and relevant legal or regulatory framework. Nevertheless, following activities are of great importance in every jurisdiction: 

• oil investigation permit,

• oil exploration or exploratory drilling activities, 

• using the state jurisdiction only for “a transfer country” for oil,

• buying processed petroleum derivatives,