A field discovered by Turkey in the Black Sea may be larger than originally reported

Turkish Energy Minister Fatih Donmez said that the large Sakarya gas field in the Black Sea might contain even more gas than originally reported, Angi writes.

“There is a high probability that the current volume of reserves of 320 billion cubic meters must be revised upward after completion of exploratory drilling,” he said.

According to him, assessment work on the field is expected to be completed by mid-October this year.

Earlier, Turkish President Recep Tayyip Erdogan reported that the Fatih vessel had discovered a large field in the Black Sea called Sakarya. Its approximate volume is estimated at 320 billion cubic meters of gas.

Tags: gas, hydrocarbon production, legislation, EU, Top management, gas production, Asia, drilling, Gas processing plant, Gas market, investments, stocks, price, volumes, well, field, The Ministry of Energy, economy, market, gas production, gas transmission system

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