https://sputnikglobe.com/20221127/turkey-hopes-black-sea-gas-will-help-cut-reliance-on-imports-1104764770.html
Turkey Hopes Black Sea Gas Will Help Cut Reliance on Imports
Turkey Hopes Black Sea Gas Will Help Cut Reliance on Imports
Sputnik International
ANKARA (Sputnik) - Turkish Energy Minister Fatih Donmez estimates that domestic production at the Sakarya gas field in the Black Sea could help his country... 27.11.2022, Sputnik International
2022-11-27T19:23+0000
2022-11-27T19:23+0000
2022-11-27T19:23+0000
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Turkey plans to invest some $10 billion in the operation that will pump natural gas from the offshore field in its exclusive economic zone in the western Black Sea. Production is expected to begin in 2023.Turkey’s gas imports from Russia account for 44% of its total gas consumption. The Sakarya gas field is estimated to hold 540 billion cubic meters of gas worth some $400 billion.
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Turkey Hopes Black Sea Gas Will Help Cut Reliance on Imports
ANKARA (Sputnik) - Turkish Energy Minister Fatih Donmez estimates that domestic production at the Sakarya gas field in the Black Sea could help his country reduce reliance on imports by up to 30%.
Turkey plans to invest some $10 billion in the operation that will pump natural gas from the offshore field in its exclusive economic zone in the western Black Sea. Production is expected to begin in 2023.
"When we start full production we will be using our own gas to cover 25-30% of our total needs. Our dependence on imports of natural gas from abroad will drop to 70%," he was quoted as saying by the Hurriyet daily.
Turkey’s gas imports from Russia account for 44% of its total gas consumption. The Sakarya gas field is estimated to hold 540 billion cubic meters of gas worth some $400 billion.
