With a complimentary agreement between Republic of Turkey Ministry of Energy and Natural Resources and Bolivarian Republic Venezuela Ministry of Petroleum and Mining, Turkish Petroleum International Company will be able to import calcined petroleum coke from Venezuela oil refinery and export it with a compatible price to international markets.
With the export sales of calcined petroleum coke, the existing port and transport system will be improved in Venezuela.
In line with the common energy strategies, feasibility studies will start for the establishment of oil storage facilities in the Mediterranean basin in Turkey.
Source: Ministry of Economy
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