New deposit will provide Turkey with a 30% gas

Achievement By 2027, the maximum extraction of natural gas at a recently open field in the Black Sea will allow Turkey to provide up to a third of their energy needs. This was announced in an interview with Bloomberg Minister of Energy and Natural Resources of Turkey Fatih Donmèz.

Turkey, as the Minister’s Words Agency reports, will be able to start in 2023 the development of this field with a production of 3.5 billion cubic meters. M gas with increasing its annual mining up to 15 billion cubic meters. m in the next four years.

Turkiye Petrolleri intends to drill 40 wells at the Sakarya field on the Black Sea shelf, Bloomberg writes. Turkey, said Donmèz, intends to carry out these developments independently, without attracting foreign companies. The minister also said that Turkey’s needs in natural gas are expected to increase this year to a quarter to 60 billion cubic meters.

On the detection in the Black Sea of ​​a large field of natural gas off the coast of Sakarya, August 21, 2020, President of Turkey Recep Tayyip Erdogan announced on August 21, 2020. In the near future, then the president said, the authorities will solve technical issues related to gas production at this field and immediately begin drilling. The market value of the gases explored for that period of new reserves was preliminary estimated at $ 180 billion