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Turkish ministry talks on volumes of natural gas reserves

Oil&Gas Materials 31 May 2020 13:35 (UTC +04:00)
Turkish ministry talks on volumes of natural gas reserves

Baku, Azerbaijan, May 31

By Rufiz Hafizoglu – Trend:

Reserves of natural gas stored in reservoirs in Turkey made up 26.5 billion cubic meters as of the end of 2019, the Ministry of Energy and Natural Resources of Turkey told Trend.

According to the ministry, in the reporting year, the extractable balance reserves of natural gas exceeded 19.9 billion cubic meters.

The total volume of natural gas production in Turkey in 2019 amounted to 16.6 billion cubic meters.

Meanwhile, the remaining recoverable reserves of natural gas amounted to 3.3 billion cubic meters.

In 2019, gas exploration operations were conducted and 5,063 wells were drilled in Turkey.

The organizations of Turkey’s Mineral Research and Exploration General Directorate (MTA) drilled 104 wells with a total depth of 133,386 meters; other companies drilled 257 wells with a total penetration of 311,662 meters.

Some 1,312 exploratory wells with a total depth of over 2.2 million meters were drilled by foreign companies and 342 wells by joint ventures and consortia.

From January through December 2019, Turkish Petroleum Corporation (TPAO) discovered 510 deposits, MTA - eight, other Turkish companies - 24, foreign companies - 306, and joint consortia - 93 fields.

In April 2014, a law allowing oil exploration in forests and national parks came into force in Turkey.

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