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Monday, June 09, 2025

Turkiye growing Caspian and Balkan gas footprint through IOC alliancesnote

The Turkish Petroleum Corporation (TPAO) acquired a 30% stake in Azerbaijan’s Shafag-Asiman offshore gas field.

The move aligns with Ankara’s ambition to build a Russian-free Caspian gas corridor feeding into Turkiye’s pipeline hubs.

This note explores Turkiye’s Caspian energy strategy, including:

- TPAO’s role in the Shafag-Asiman partnership

- Turkish Caspian Sea ambitions

- Foreign views on TPAO growing influence 

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