Turkey to continue its Black Sea energy search: Erdogan

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Turkey is expected to continue its search for energy resources in the Black Sea region, where 405 billion cubic meters (bcm) of natural gas has been discovered so far, the country’s president said on Tuesday.

Speaking at a news conference following an hour-long cabinet meeting at the Ankara capital ‘s presidential complex, Recep Tayyip Erdogan delivered remarks on a variety of topics, including the novel coronavirus outbreak, energy research and foreign policy in the region.

Erdogan said a discovery in the Black Sea this weekend that increased the known ability of previous natural gas reserves from 320 to 405 bcm would eventually allow Turkey to meet its hydrocarbon needs to some degree, adding that Turkey’s Fatih drilling vessel would start operations again next month.

More good news will await the country, he added, as the vessel is scheduled to begin operations on a new well in the Black Sea — Turkali 1 — next month with available data indicating the possibility of similar discoveries in the next month.

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