August 21, 2020
1 min read

Turkey discovers its biggest natural gas reserve

Turkish President Recep Tayyip Erdogan addresses joint session of the Pakistan Parliament
ANKARA, June 25, 2019 (Xinhua) -- Turkish President Recep Tayyip Erdogan addresses lawmakers of the ruling Justice and Development Party (AKP) in Ankara, Turkey, on June 25, 2019. Recep Tayyip Erdogan on Tuesday vowed to learn lessons from "the messages that given by people" in June 23 re-elections in Istanbul at which his ruling party suffered a historic blow. (Xinhua/Mustafa Kaya/IANS) by .
Turkish President Recep Tayyip Erdogan (Xinhua/Mustafa Kaya/IANS)

Turkish President Recep Tayyip Erdogan on Friday said that Turkey has discovered significant natural gas reserves in the Black Sea.

“Our Fatih drilling ship has discovered 320 billion cubic meters of natural gas reserves in Tuna-1 well,” Erdogan said in a televised speech from the Dolmabahce Palace here.

“Turkey has made the biggest natural gas discovery in its history,” he noted, adding that new natural gas discoveries in the same region would be highly likely in the near future, Xinhua news agency reported.

“We aim to provide the Black Sea gas to use in 2023,” he added.

The Fatih vessel started its drilling activities in late July in an exploration zone known as Tuna-1 off the northern Zonguldak province in the Black Sea region.

The Turkish leader also said Turkey would accelerate its drilling activities in the Mediterranean Sea.

“We hope to have similar good news from the Mediterranean as well,” he stressed, noting that his country would not cease its efforts until it would be a net energy exporter.

“We are determined to fully resolve our energy issue,” the President stressed.

Turkey and its NATO ally Greece have long been at odds over the energy resources in the Mediterranean as Ankara has been opposing the drilling efforts of several countries there without its involvement.

Energy and Natural Resources Minister Fatih Donmez said the analysis revealed that the quality of the discovered gas in the Black Sea is remarkably high.

“This will have a positive impact on the costs in the upcoming period,” Donmez said in a live broadcast from the Fatih vessel.

The Minister also noted that another 6,000 square kilometres of seismic work would be carried out in the region to discover more gas.

Also Read: EU mulls counter measures against Turkey

by .
Previous Story

Kamala’s story is American story: Biden

Hacker. (File Photo: IANS) by .
Next Story

Massive data leaks hit Insta, Tiktok and YouTube

Latest from Asia News

Jaishankar calls on PMs of Mauritius, Bhutan, Nepal

During his meeting with Bhutan PM Tshering Tobgay, Jaishankar spoke about the “unique and multifaceted friendship” between the two nations…reports Asian Lite News Union Minister S Jaishankar on Monday called upon Prime

Exploring Bhutan’s Rich Heritage

The Royal Highland Festival, which celebrates the ancient traditions of Bhutan’s highland communities, is scheduled from October 23rd to 24th, 2024. The festival will be held in the beautiful district of Laya, in the

Summer Vacation Ideas From Maldives to Bhutan

Make a splash this summer in Soneva Jani’s turquoise lagoon, where luxurious overwater residences and unparalleled marine experiences await…reports Asian Lite News As the summer temperatures continue to soar in India, you can

A Spiritual Journey through 108 Sacred Sites of Bhutan

The Druk Neykor is a pilgrimage travel programme, and the sites are selected based on their sacredness, historical significance, easy accessibility and popularity among others…reports Asian Lite News Bhutan’s Department of Tourism announces the launch

Ultimate Destination for Cricket Enthusiasts

Bhutan Cricket also collaborates with local tour operators to facilitate cricket matches in various picturesque locations across the Kingdom…reports Asian Lite News Bhutan is now establishing itself as a premier destination for
Go toTop