Bingo: Turkey says natural gas reserves in the Black Sea for 45 years

Bingo: Turkey says natural gas reserves in the Black Sea for 45 years

Energy reserves in the Black Sea are enough to cover the global natural gas demand for the next 45 years, Turkey's ruling Justice and Development Party deputy leader (AKP) and former Turkish Prime Minister Binali Yildirim said. The Black Sea natural gas reserves are now estimated at 540 billion feet [...]

Black Sea Energy Reserves is enough to coverAt the global natural gas demand for the next 45 years, the deputy chairman of Turkey's ruling Justice and Development Party (AKP) and former Turkish Prime Minister Binali Yildirim said.

The Black Sea natural gas reserves are now estimated at 540 billion cubic metres.

It's a big luck. The Black Sea is able to cover global gas needs for the next 45 years”, Yildirim has been expressed for the Vdnish media. Ankara has the highest priority on gas reserves and says the Sarkarya field near the Black Sea was one of the biggest discoveries in this direction. Turkish Energy and Natural Resources Minister Fatih Donmez announced that Turkey plans to start producing gas in the first quarter of next year.

Turkish authorities are hoping that the initial gas production will reach 10 million cubic metres per day, but within three or four years it will reach 40 million. Summer of 2020, Turkish side gas research in the eastern Mediterranean, which Athens considers Greece's exclusive <x0).

In 2021, Recep Tayyip Erdogan said once again that oil exploration in this area will continue, but at the moment apparently the focus has shifted to the Black Sea region.

 

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