Turkey should concentrate on producing its own natural gas so as not to depend on fluctuations in world energy prices. This was stated by the country’s Minister of Energy and Natural Resources, Fatih Donmez, reports Hurriyet Daily News.
“If we had oil, natural gas and coal, we would not now be faced with speculative and irrational prices,” he said. Donmez stressed that the reserves of the discovered natural gas at the Sakarya field in the Black Sea amount to 540 billion cubic meters.
In the first year, Turkey plans to produce about 3-4 billion cubic meters of gas, and by 2026 it wants to reach the maximum production level of 15-20 billion.
“This volume will satisfy the natural gas needs of all residential buildings in Turkey for about 25 years. As we receive our gas, we will refuse from expensive energy resources. Gas in the Black Sea is the so-called sweet (low-sulfur) gas, ”the minister said.
About 320 billion cubic meters of natural gas at the Sakarya field were discovered last summer, and another 85 billion cubic meters were found in the same field in October.
Source: Rosbalt
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