A new gas field was discovered in the Turkish sector of the Black Sea, increasing the total reserves to 710 billion cubic meters. Their market value is $1 trillion, Turkish President Recep Tayyip Erdogan said.
The President of Turkey announced the discovery of a new gas field. According to him, the Fatih drilling vessel discovered reserves of 58 billion cubic meters at a depth of 3,000 meters under the bottom of the Black Sea on the Kaikuma-1 block, Daily Sabah reports.
Turkey's total Black Sea gas reserves have increased to 710 billion cubic meters, the market value of which is 1 trillion, Recep Tayyip Erdogan said at a government meeting in Ankara.
"Turkey's main goal is to declare energy independence from foreign oil and gas as soon as possible," the Turkish leader added. In his opinion, the country's authorities are determined to ensure that Turkey becomes the energy center of the Caspian and Mediterranean regions.
Ankara plans that within 10 years, Turkey's dependence on imported energy will decrease from 71% to 50% in ten years, and to 13% in 2053.
In the first quarter of next year, Turkey plans to start gas production at fields in the Black Sea - by the centenary of the republic. It is expected that in the first years, production will be 3-5 billion cubic meters - a little less than 10% of consumption, and by 2025 will grow to 15 billion cubic meters.
Turkey has already built an onshore gas receiving station, an underwater gas pipeline and installed part of the underwater production facilities. Three drilling rigs are drilling production wells.
At the same time, Turkey plans, at the suggestion of the Russian president, to become a gas hub for Europe, where they will not only trade gas from various suppliers, but also determine its price.
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