"Sakarya" News

Turkey Raises Size Estimate of Giant Black Sea Gas Find

Oct 19, 2020

Turkey has raised the estimated reserves in a gas field off its Black Sea coast to 405 billion cubic meters after finding an additional 85 billion cubic meters, President Tayyip Erdogan said on Saturday.Erdogan said in August the field contained 320 billion cubic meters of gas…

Turkey: Erdogan to Reveal Total Size of Black Sea Gas Discovery

Oct 15, 2020

Turkish President Tayyip Erdogan said on Wednesday he will announce the total size of gas reserves found in the country's largest-ever discovery when he visits a drillship in the Black Sea on Saturday.In August, Erdogan hailed the discovery of a 320 billion cubic meter (bcm) (11…

With U.S. LNG and Black Sea Find as Bargaining Chips, Turkey Seeks Better Gas Terms from Current Suppliers

Sep 10, 2020

Turkey expects gas suppliers to offer more competitive pricing and flexibility if they want to renew long-term contracts totaling 16 billion cubic meters a year, a senior energy ministry official said.More than a quarter of Turkey's long-term gas contracts expire next year…

Turkish Giant Offshore Gas Find 'Transformational', Woodmac Says

Aug 21, 2020

'Our Fatih drillship discovered 320 billion cubic meters of natural gas reserves, thanks to the drilling in the Tuna-1 well [...]. There is no stopping and resting for us until we become a net exporter in energy,' the Turkish president Recep Tayyip Erdogan tweeted on Friday…

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