Energy News

Turkiye to use natural gas from the Black Sea Çaycuma 1 block as of April 21

by Daily Sabah

Türkiye is set to put the natural gas it discovered in the Black Sea into use as of April 21, Energy and Natural Resources Minister Fatih Dönmez said Saturday, adding that the efforts in this regard are underway.

“Our team is preparing to land the Black Sea gas in Filyos on the last day of Ramadan. We are working diligently to ensure everything is in place for a successful operation,” he said.

In December, President Recep Tayyip Erdoğan announced that the drillship Fatih had discovered an additional 58 billion cubic meters (bcm) of natural gas reserves at a depth of 3,023 meters (9,917 feet) at the Çaycuma 1 block in the Black Sea.

He noted that Türkiye’s natural gas reserves in the Black Sea are measured at 710 bcm, with a market value of $1 trillion (TL 18.75 trillion).

Ankara aims to pump the gas to the national grid in 2023, the centennial of modern Türkiye, with sustained plateau production beginning in 2027-2028.

Read the full story on Daily Sabah

Source
Daily Sabah
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