WE OFFER A VARIETY OF CREATIVE SERVICES TO SUITE EVERY NEED
“HIGH STAR’s global success is founded on our ability to evolve traditional supply chains to develop new markets. This expertise is profoundly relevant in today’s shifting energy landscape.
We are building our presence and position in the fast-evolving power and renewables sector through a series of strategic, targeted engagements.
Power and renewables trading
Our power and renewables trading desk builds on our capabilities and understanding of other energy markets.
We are establishing an active presence by trading key derivative contracts, primarily in Turkey and the Middle East markets. This activity complements growth in physical transactions as demand develops for merchant and intermediary services in electricity markets.”
Introduction
Turkish oil fields have been stationed until the last year in the southern-east side ofthe country, near the Iraqi Syrian borders. Specifically, in Şırnak and Batman
states, however, the world has witnessed an announcement of new
discoveries of oil fields in the last year in both Diyarbakir and Siirt states in
the same area, as well as Adana state, located in the south side of the
country near the white sea.
“One of the 10 world’s biggest discoveries of crude in 2022”, with that
sentence, Turkish President Recep Tayyip Erdogan announced the
discovery of a new oil field in the southeast of Turkey, including estimated
oil reserves of around 150 million bpd of high-quality oil, with an estimated
value of 12 billion dollars.