By News Center
Turkish Minister of Energy and Natural Resources Alparslan
Bayraktar participated in Baku Energy Week, where he underlined the
growing strategic cooperation between Turkiye and Azerbaijan in the
energy sector.
Speaking at the event, which opened with a keynote address by
Azerbaijani President Ilham Aliyev, Bayraktar announced that
Turkiye currently produces 9.5 million cubic meters of natural gas
per day from the Sakarya Gas Field. He said the goal is to increase
output to 20 million cubic meters by 2026 and reach 40 million
cubic meters by 2028.
Highlighting the depth of the Turkiye-Azerbaijan energy
partnership, Bayraktar noted that Turkish Petroleum (TPAO) will
enhance its presence in Azerbaijan through a new agreement on the
Şafak-Asiman Gas Field. “This cooperation is built on a shared
history and mutual strategic interests,” he said.
Following the opening speeches, President Aliyev and Minister
Bayraktar toured the Caspian Oil and Natural Gas Fair, including a
stop at the Turkish Petroleum exhibit. Officials emphasized
Turkiye’s active involvement in major Caspian Sea energy projects,
including the Azeri-Chirag-Guneshli and Shah Deniz gas fields.
Later, President Aliyev hosted Minister Bayraktar for a
bilateral meeting, where the two discussed existing energy
collaboration and potential new projects.
As part of Baku Energy Week, Turkish Petroleum, SOCAR (State Oil
Company of Azerbaijan Republic), and BP are set to sign a
partnership agreement on the Şafak-Asiman Natural Gas Field.
Speaking to reporters, Bayraktar said, “Turkish Petroleum is
entering the Şafak-Asiman field as a partner with a 30 percent
stake. We will begin operations in cooperation with our
longstanding partners, SOCAR and BP.”
Bayraktar also noted Turkish Petroleum’s growing footprint in
Azerbaijan. “We are exploring other opportunities, especially in
the Caspian Sea. These initiatives will continue to expand,” he
said.