Azerbaijan's GL Group has bought out a 25% stake in a natural gas field development project in Türkiye

17:23 - 18.10.2024


October 18, Fineko/abc.az.GL Group, a private oil & gas group of companies from Azerbaijan, entered into a natural gas exploration & production project in Türkiye, ABC.AZ reports, referring to company's press service.

GL Group has acquired a 25% stake in Canada’s Gazelle Energy Limited (GEL), which owns the license to develop block A17-b4 in northwestern Türkiye.

The Azerbaijani company will also join the Board of Directors of GEL.