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Turkish TPAO company implements numerous projects in mining industry

Turkey Materials 3 March 2023 22:54
Trend News Agency
Turkish TPAO company implements numerous projects in mining industry

BAKU, Azerbaijan, March 3. The Turkish TPAO (Türkiye Petrolleri Anonim Ortakligi - Turkish Petroleum Corporation) company is implementing 11 projects in the mining industry in 2023, the Turkish Ministry of Energy and Natural Resources told Turkicworld, Trendreports.

The ministry noted that the total cost of projects implemented by the state is 76.6 billion Turkish lira ($4.05 billion).

"All projects planned for this year will be implemented at the expense of the company," the ministry said.

In 2023, 47 energy projects will be implemented in Türkiye.

The total cost of the planned projects is 78.9 billion Turkish lira ($4.1 billion). All projects planned for this year will be implemented at the expense of the state.

Furthermore, last year, a total of 79.7 billion Turkish lira ($4.2 billion) were allocated for energy projects in Türkiye, of which 12.3 billion Turkish lira ($650.9 million) were foreign loans.

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