“Turkey is preparing for more exploratory drilling in the Black Sea”

Turkey is preparing for more exploratory drilling in a new area of ​​the Black Sea adjacent to the region’s Sakarya field, Energy and Natural Resources Minister Fatih Dönmez said on Sunday.

Dönmez shared a video on his Twitter account with the note: “Countdown to Black Sea Gas. “

Stating that Turkey aims to deliver Black Sea gas to citizens in the first quarter of 2023, Dönmez said, “We are preparing for exploratory drilling in a new area adjacent to the Sakarya field. Hope we share similar good news in 2022.

Turkey has so far discovered 540 billion cubic meters (bcm) of natural gas in the Sakarya field in the Black Sea region, its biggest discovery.

Dönmez said in June that Turkey could do more exploratory drilling in the Black Sea no later than the first quarter of 2022.

A report released earlier in June 2021 claimed that Turkey had shared data on hydrocarbon discoveries in the Black Sea with US energy giants Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas.

Officials from the National Petroleum Company of the Republic of Azerbaijan (SOCAR) also reported that the Baku State Energy Corporation and the Ankara Turkish Petroleum Corporation (TPAO) State Energy Corporation could work together. to the development and production of the Black Sea’s gas reserves.

Turkey plans to start pumping gas from the Black Sea field in 2023, but must first build the offshore pipeline network and processing facilities. The field is expected to reach a sustained peak of production from 2027.

The discovery of the Black Sea could transform Turkey’s dependence on Russia, Iran and Azerbaijan for energy.

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Sharon P. Juarez