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Oil deposits found in northwestern Turkey

Oil&Gas Materials 27 May 2019 12:43 (UTC +04:00)

Baku, Azerbaijan, May 27

By Rufiz Hafizoglu – Trend:

Oil deposits have been found in northwestern Turkey, Trend reports referring to Turkish media.

It is reported that oil reserves have been found in ​​Kapakli District of Turkey’s Tekirdag Province, and that the volume of discovered oil is estimated at 3 billion barrels.

Earlier Minister of Energy and Natural Resources of Turkey Fatih Donmez announced that natural gas reserves were discovered in the north-west of Turkey. He said that natural gas reserves were found in the vicinity of Istanbul and in Tekirdag Province. He noted that the volumes of natural gas reserves in the mentioned areas are being specified.

Donmez added that Turkey would continue conducting oil and gas exploration both onshore and offshore.

A spokesperson of the Turkish Ministry of Energy and Natural Resources told Trend that Turkey expanded the territory for oil and gas exploration operations.

While in the past there were problems with oil and gas exploration in several eastern provinces, hydrocarbon fields are now being explored in those provinces, the ministry's representative said. "Work is also being carried out in the Black Sea," the ministry added.

A law permitting oil exploration in forests and national parks came into force in Turkey in April 2014.

As reported, a total of 56 wells have been drilled as part of exploration of new oil and gas fields in Turkey since 2014, of which 54 are onshore and two are offshore.

Follow the author on Twitter: @rhafizoglu

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