(MENAFN- AzerNews) By News Center
The main statute of the Turkish Petroleum Corporation has been
amended, the Official Newspaper carries an amended presidential
decision on the statute of the Association of Turkish Petroleum
Corporation.
With the decision, 'To carry out or have the seismic, drilling,
well completion, workover and all kinds of service activities
required by the exploration, production, transportation, and
storage activities in the sea areas, ship and to operate or have
port management, to build/have all kinds of facilities and
outbuildings required by ship and port management, to establish/to
have them installed and to operate them' were added into the
relevant article of the main statute titled 'Purpose and fields of
activity of TPAO.'
In addition, TPAO will be able to generate electricity from the
oil and natural gas it produces in its own fields. The company will
be able to use the electricity it produces for its needs in its
field of activity through the transmission and distribution
system.
The decision will enter into force on the day it is published in
the Turkish Trade Registry Newspaper.
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