Minister Bayraktar: A new one from Gabar recently

Minister of Energy and Natural Resources Bayraktar answered questions within the scope of the Russian Energy Week held in the capital Moscow.

Stating that Türkiye does not experience any problems in supply security despite the successive crises in global energy markets, Bayraktar stated that the country implements policies to diversify its energy resources and supplier countries.

Bayraktar said, "Oil and natural gas exploration activities continue both at sea and on land. Oil production in Gabar is an important part of these studies." he said.

Stating that work is continuing in Gabar, Bayraktar said, "Hopefully, we can give new good news from Gabar soon." he said.

Reminding that Türkiye started production from the Sakarya Gas Field in the Black Sea in 2023, Bayraktar said, "Our production in the Black Sea increases to 7.5 billion cubic meters per year. This was zero, production started since 2023 and hopefully it will double today. In 2028, this will quadruple. Türkiye is looking for its own resources on the one hand." he said.

Pointing out the importance of diversification in energy supply security, Bayraktar explained that Türkiye aims to benefit from all renewable energy, nuclear energy, domestic coal, oil and natural gas resources.

Referring to the long-term liquefied natural gas (LNG) agreements made with the USA, Bayraktar said that they have developed alternative supply opportunities against problems that may occur in pipelines.

Bayraktar stated that he wants to evaluate Türkiye's energy infrastructure in a way that will contribute to regional supply security, and emphasized that the full capacity operation of the Trans-Anatolian Natural Gas Pipeline (TANAP), Baku-Tbilisi-Ceyhan and Iraq-Turkey oil pipelines will benefit both producer and consumer countries.

Source: TRT Haber Açık RSS (Gündem) (Open Press / Translated Full Text)