The country may slash its gas imports by a quarter if a massive new deposit pans out
© Getty Images/ozgurdonmaz
Türkiye’s gas reserves in the Black Sea can cover the country’s needs for decades to come, Energy Minister Fatih Donmez announced at the ‘The Century of Turkey in Energy’ forum on Monday.
Current proven deposits will be able to allow domestic demand to be met for the next 30 years, while new discoveries in the Black Sea will extend this self-sufficiency in terms of gas supplies even longer, the official stated. He added that the first phase of Black Sea gas production will begin in March.
The existing infrastructure for gas transportation and storage facilities, as well as the sites that are under construction, are designed to remain in operation for at least 50 years, according to the minister.
“I hope that when production in this region [the Black Sea] reaches full capacity, we will cover a quarter of our gas needs,” Donmez said, meaning that the country would slash its imports by a quarter.