Türkiye Petrolleri Anonim Ortaklığı

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Türkiye Petrolleri Anonim Ortaklığı (TPAO)
Type Public
Industry Oil and gas industry
Founded 1954 (1954)
Headquarters Ankara, Turkey
Key people Mehmet Uysal (CEO)
Products Petroleum products
petrochemicals
microelectronics chemicals
Revenue Green Arrow Up.svg US$ 3.5 billion (2006)
Employees 4,700
Website www.tpao.gov.tr

Türkiye Petrolleri Anonim Ortaklığı (TPAO) is the national oil and gas company of Turkey and one of the most important industrial companies in the country. The company had reserves of 558 million barrels (88,700,000 m3) of oil equivalent in 2005, and the reserves are projected to increase to 1.5 billion barrels (240,000,000 m3) of oil equivalent in 2010. TPAO produced an average of 70,000 barrels (11,000 m3) of oil equivalent a day in 2005, and will produce an average of 300,000 barrels (48,000 m3) of oil equivalent a day in 2010.

[edit] Operations

The company is based in Ankara and produces oil and gas in the Caspian region, North Africa, and the Middle East. TPAO carries out exploration and production activities in Azerbaijan, Kazakhstan, Libya, Syria, Turkmenistan, Georgia, Iraq, Egypt, Russia and Algeria.

[edit] External links


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