Thursday, 12 November 2026

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Turkey and Venezuela Discuss Potential Joint Oil and Gas Projects

Turkey’s and Venezuela’s ministers, Alparslan Bayraktar and Paula Enao Vera, discussed oil and gas projects, energy trade, and mutual investments.

12 Nov, 16:13Read in Russian

hurriyetdailynews.com

On November 12, on the sidelines of the 31st UN Climate Change Conference (COP31), Turkey’s Minister of Energy and Natural Resources Alparslan Bayraktar met with Venezuela’s Minister of Hydrocarbons Paula Enao Vera.

According to Bayraktar, the parties reviewed cooperation primarily in oil and natural gas extraction. Turkey intends to continue working to ensure that the potential for collaboration with Venezuela translates into specific energy projects. Ankara links this to diversifying its international portfolio of initiatives in hydrocarbon exploration and extraction.

The timelines for implementation, volumes of potential investments, and other project parameters were not specified.

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