Turkish Minister of Energy and Natural Resources Fatih Donmaz: We will reach 10 billion cubic meters of storage capacity for natural gas in Turkey, equivalent to 20 percent of annual consumption
Turkish Minister of Energy and Natural Resources Fatih Donmez announced that the “Fatih” exploration vessel is ready to sail to the “Turkali-1” exploration area in the Black Sea in early November.
This came in a statement he made, Tuesday, while he was conducting an inspection tour of the underground natural gas storage facility expansion project in Akzari Province, central Turkey.
Donmaz stated that work will continue in the newly discovered Sakarya natural gas field, pointing out that works in “Tuna-1 well” have been completed.
He added, “Currently, the exploration vessel” Al-Fateh “is about to complete its preparations, and it will head on 1 or 2 November to the exploration area” Turkali-1 “.
He explained that the production of natural gas from the Sakarya field will start by 2023, and the surplus will be stored, especially during the summer months when consumption decreases.
On a related note, Donmaz pointed out that the Turkish state pipeline company “BOTA” has launched several projects, particularly in recent years, to strengthen the natural gas infrastructure.
And he added, “Some of them have been implemented, and we have accelerated work on underground natural gas tanks.”
He pointed out that the capacity of the underground natural gas storage facility in the Wilayat of Akzari increased from 1.2 to 5.4 billion cubic meters.
He stated that work is underway on another expansion project in the state of Istanbul, with the aim of raising the capacity from 3 to 4.5 billion cubic meters.
And he added, “When these two projects are completed, we will reach 10 billion cubic meters of storage capacity for natural gas in Turkey.”
He explained that this capacity (i.e. 10 billion cubic meters) constitutes about 20 percent of Turkey’s annual consumption of natural gas.
On 17 October, Turkish President Recep Tayyip Erdogan announced the discovery of an additional 85 billion cubic meters of natural gas in the Black Sea, bringing the total gas reserves discovered in the “Tuna-1 / Sakarya field” to 405 billion cubic meters.
According to information that reached Anatolia, Turkey will drill 40 wells through its national ships as part of its activities in the Black Sea.
The value of the gas reserves discovered in the Sakarya field is equivalent to about 85 to 90 billion Turkish liras (10.7 – 11.3 billion dollars), and will allow Turkey to meet its domestic needs of natural gas locally for a period of 25 years, and to meet all of its gas needs for a period of 8 years.
Turkey consumes about 45 billion cubic meters of natural gas annually.