Yildiz said Turkey and Egypt may drill in MediterraneanTurkish daily Hurriyet Daily News publishes the following news report by Ankara Anatolia News Agency:
“Turkey intends to cooperate with Egypt in searching for natural gas in the Mediterranean, given the latter’s experience in deep-water drilling, Turkish Energy Minister Taner Yildiz says on an official visit to Egypt
‘Egypt and Turkey can work together on the fields of oil and [natural] gas, we evaluated this issue and need some more time [for further steps]. We can search together in the Mediterranean,’ said Yildiz, not giving details on the project while speaking to journalists. The minister also emphasized Egypt’s experience in deep-water drilling.
The minister, who is currently in Egypt accompanying Turkish Prime Minister Recep Tayyip Erdogan, said he had met with Egypt’s ministers for oil and electricity during his visit, which he said had been ‘extremely fruitful’. He also said Turkey signed two memoranda with Egypt on energy cooperation. ‘One of them is about joint projects in third countries, the other regards electricity’.
‘We import natural gas from five countries and oil from 11. Egypt can be the sixth country that exports natural gas to Turkey,’ the minister said, adding that Egypt produces about twice the amount of energy Turkey consumes.
Moreover, Yildiz said he expected the 1,200-kilometer Arab Natural Gas Pipeline to be completed by the end of this year, adding that the pipeline would have two routes. One pipeline flows from Azerbaijan to Syria, Lebanon and Jordan via Turkey and the second from Egypt to Turkey, he added.