Natural gas reserves discovered in Turkish sector of Black Sea

Oil&Gas Materials 17 September 2012 14:10 (UTC +04:00)

Azerbaijan, Baku, Sept. 17 / Trend A. Taghiyeva /

Natural gas deposits have been discovered in the Turkish sector of the Black Sea, the newspaper Sabah reported today.

As a result of exploration work carried out by Turkey's TPAO, gas reserves were discovered at a depth of 3600 metres. The reserves have not been assessed yet.

According to the newspaper, drilling operations will be conducted in the field from six to 12 months at a depth of 3900 metres.

At present, Turkey imports the required volume of gas. According to the state pipeline company Botas, Turkey imported 39.7 billion cubic meters of gas in 2011. Russia ranks first among gas exporters to Turkey, followed by Iran and Azerbaijan.