Eurasia Journal News
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  • Turkey Begins Drilling In The Black Sea In Search Of Gas

    Turkey has begun drilling the Göktepe-1 well in the Black Sea to determine the presence of gas deposits, Energy and Natural Resources Minister Alparslan Bayraktar said. Turkey will conduct exploration in three places in the Black Sea this year to determine the presence of gas deposits, Bayraktar said earlier.

    “The Fatih drilling ship, which won the hearts of our nation with historical discoveries, has begun drilling the Göktepe-1 well for new discoveries. We are moving towards new horizons,” the minister wrote on social media.

    In 2020, a large gas field was discovered in the Black Sea off the coast of Turkey, the volume of which is estimated at 540 billion cubic meters. Then the country’s President Recep Tayyip Erdogan called it the largest in the country. He also reported that another gas field with a volume of 58 billion cubic meters had been found in the Black Sea, and the total reserves of Black Sea gas reached 710 billion cubic meters and are worth $1 trillion on international markets. Bayraktar previously said that Turkey plans to increase daily production of Black Sea gas to 40 million cubic meters by 2026 from the current 2.2 million, which will cover the needs of a population of 15 million.

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