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Turkey Speed Up Connection of Black Sea Gas Field

NATURAL GAS
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Turkey’s Sakarya gas field in the Black Sea is on track to go online next year as initially planned and work has sped up to connect it to national infrastructure according to Tayyip Erdogan on Saturday.

  • He said nine out of ten wells in the first phase of development had been drilled.
  • "Hopefully we'll start using this gas next year," Erdogan said.
  • Turkey built an "energy base" in Sakarya, and it will become a benchmark marketplace for natural gas with the inclusion of domestic supplies, Erdogan said.
  • "We're preparing to build an advanced natural gas marketplace where multiple products, multiple contracts come together to form reference prices." he said.
  • He did not make any mention of plans with Russia to become a gas hub that have been touted by both Erdogan and Putin recently
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Turkey’s Sakarya gas field in the Black Sea is on track to go online next year as initially planned and work has sped up to connect it to national infrastructure according to Tayyip Erdogan on Saturday.

  • He said nine out of ten wells in the first phase of development had been drilled.
  • "Hopefully we'll start using this gas next year," Erdogan said.
  • Turkey built an "energy base" in Sakarya, and it will become a benchmark marketplace for natural gas with the inclusion of domestic supplies, Erdogan said.
  • "We're preparing to build an advanced natural gas marketplace where multiple products, multiple contracts come together to form reference prices." he said.
  • He did not make any mention of plans with Russia to become a gas hub that have been touted by both Erdogan and Putin recently