Turkish Petroleum Law No 6491

Turkish Petroleum Law No. 6491 provides an investor-friendly upstream framework through:

• streamlined and centralized permitting, 
• long exploration and production terms, 
• flexible license transfers and extensions, 
• equal treatment for foreign investors, 
• facilitated land access, 
• export rights, 
• tax and customs incentives for exploration investments, 
• and a predictable royalty regime, 

altogether designed to accelerate and incentivize oil and gas exploration and production.

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