Turkey has discovered 60m barrels of oil in 2021

Turkey has discovered an additional 60 million barrels of oil equivalent reserves, with 26 new onshore explorations this year, Fatih Donmez, the Minister of Energy and Natural Resources announced on Monday.

According to the report, security in natural gas supplies has been achieved to cover the anticipated 22 percent consumption rise to 60 billion cubic meters.

During his speech in parliament, Minister Donmez summarised the achievements that Turkey made with its own vessels on the completion of 15 offshore drillings, along with the onshore explorations.

“Onshore, 99 exploration, production and test wells have been opened and nearly 224,000 meters of drilling have been conducted in the last nine months. Along with the Black Sea discovery, nearly 60 million barrels of oil equivalent reserves have been brought into our country, thanks to 26 discoveries in our onshore areas in 2021,” he said.

Donmez added that he does not expect any supply problems this winter with the country’s policy of supply diversification, the growing number and capacity in natural gas and LNG entrance points, and with plans for the underground natural gas storage facilities, which are currently three quarters full, to be at full capacity.

Erdogan says Turkey has signed $3.2 billion green climate fund deal

Source

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes