Turkey hopes Black Sea gas will satisfy most of its domestic demand by 2028

Turkey hopes that newly discovered gas fields in the Black Sea will soon yield output that will help it satisfy its increasing demand for gas. In 2019, Turkey’s total gas import bill was around $12 billion.

Currently, Turkey imports most of its gas needs from Russia, Azerbaijan, Iran via pipelines. Nearly a third of the country’s gas needs are met with liquefied natural gas (LNG) supplies, mainly from Qatar, Algeria, the United States and Nigeria.

The country is currently conducting further seismic analysis activities, soon to be extended  to a 10,000-square-meter area in the Black Sea, Energy Minister Fatih Donmez told a group of journalists on March 3. “We are aiming to drill a new exploratory well in one of the gas fields that is deemed to have potential,” Donmez said.

Deepwater seismic explorations for hydrocarbon resources in an area of 250 square kilometers in Turkey's Black Sea maritime zone have been completed, he added. “The 3D seismic exploration activities are currently underway,” he said, adding that the upward or downward revisions for the previously announced 405 billion cubic meters of natural gas reserve in the Sakarya Gas Field were possible.

In 2020, Turkey’s first national drillship, Fatih, discovered the country’s largest natural gas which also marked the biggest offshore gas discovery worldwide in that year.

Turkey’s third drillship, Kanuni, will join drilling activities next month after completing its preparations at the Filyos Port, the minister said.

Productiuon from the Black Sea field is expected to peak in 2028 when it will enter its plateau phase, and Turkey’s natural gas production will reach almost 15 bcm annually. This will allow the country to meet a substantial amount of its gas needs.

source: commonspace.eu with Hurriyet Daily News (Istanbul)
 photo: Turkey's drill ship Kanuni will soon join drilling activities in the Black Sea (archive picture)

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
Germany accuses Russia of cyberattacks and disinformation campaign

Germany accuses Russia of cyberattacks and disinformation campaign

The German government holds Russia responsible for a cyberattack on German air traffic control, and for targeted disinformation campaigns before the last federal election. According to the German Foreign Office in Berlin, the incidents could be clearly attributed to the Russian military intelligence service, the GRU. In response, the Russian ambassador to Berlin was summoned to the Foreign Ministry. "We have been observing a massive increase in threatening hybrid activities by Russia for some time now," a spokesperson for the Foreign Ministry stated. These range from disinformation campaigns and espionage to cyberattacks and sabotage attempts. The aim is to divide society, sow distrust, and undermine confidence in democratic institutions. The spokesperson added that with these actions, Russia is "very concretely threatening our security, not only through its war of aggression against Ukraine, but also here in Germany."  The Foreign Ministry spokesperson explained that the cyberattack on air traffic control in August 2024 was clearly attributed to the hacker collective "APT28," known as "Fancy Bear," and to the responsibility of the Russian military intelligence service, the GRU. Furthermore, it could now be "conclusively stated" that Russia had attempted "to influence and destabilize both the last Federal election and the ongoing internal affairs of the Federal Republic of Germany." There was "absolutely irrefutable evidence" for this". The so-called "Storm 1516" campaign, which has been running since 2024, is allegedly backed by "reliable information" that the Moscow-based think tank "Center for Geopolitical Expertise" is behind it. The Center is also said to be supported by Russian military intelligence. Its primary aim is to influence democratic elections in the West. (Click the image to read more).

Popular

Editor's choice
News
Germany accuses Russia of cyberattacks and disinformation campaign

Germany accuses Russia of cyberattacks and disinformation campaign

The German government holds Russia responsible for a cyberattack on German air traffic control, and for targeted disinformation campaigns before the last federal election. According to the German Foreign Office in Berlin, the incidents could be clearly attributed to the Russian military intelligence service, the GRU. In response, the Russian ambassador to Berlin was summoned to the Foreign Ministry. "We have been observing a massive increase in threatening hybrid activities by Russia for some time now," a spokesperson for the Foreign Ministry stated. These range from disinformation campaigns and espionage to cyberattacks and sabotage attempts. The aim is to divide society, sow distrust, and undermine confidence in democratic institutions. The spokesperson added that with these actions, Russia is "very concretely threatening our security, not only through its war of aggression against Ukraine, but also here in Germany."  The Foreign Ministry spokesperson explained that the cyberattack on air traffic control in August 2024 was clearly attributed to the hacker collective "APT28," known as "Fancy Bear," and to the responsibility of the Russian military intelligence service, the GRU. Furthermore, it could now be "conclusively stated" that Russia had attempted "to influence and destabilize both the last Federal election and the ongoing internal affairs of the Federal Republic of Germany." There was "absolutely irrefutable evidence" for this". The so-called "Storm 1516" campaign, which has been running since 2024, is allegedly backed by "reliable information" that the Moscow-based think tank "Center for Geopolitical Expertise" is behind it. The Center is also said to be supported by Russian military intelligence. Its primary aim is to influence democratic elections in the West. (Click the image to read more).