04:33 GMT +324 September 2017
Live
    A woman takes photographs in front of the New Mosque by the Bosphorus strait in Istanbul, Turkey January 12, 2016

    Turkey to Conduct Oil, Gas Drilling Studies in Black, Mediterranean Seas

    © REUTERS/ Murad Sezer
    Business
    Get short URL
    0 29046

    Turkey will carry out seismic studies for oil and gas drilling activities in the Black and Mediterranean seas, Turkish Minister of Energy and Natural Resources Berat Albayrak said on Thursday.

    MOSCOW (Sputnik) — Turkey will also produce a geophysical map of the country's natural resources as envisaged by a new national energy strategy, he added.

    "We will open two wells for each in these seas with a drilling ship on an annual basis. We plan to buy this ship over the year. This will be a first for Turkey," Albayrak said, as quoted by the Hurriyet newspaper.

    "We aim to complete the map by 2018," Albayrak specified.

    The minister noted that the new energy strategy would focus on diversifying energy sources from local resources in order to decrease dependence on foreign markets.

    Turkey is pursuing policy of boosting the country's energy resources, growing energy efficiency and saving natural resources in accordance with its Energy Ministry's 2015-2019 Strategic Plan.

    Related:

    Gazprom to End Gas Deliveries Via Bulgaria With Turkish Stream Commissioning
    Turkish Stream's 2nd Branch Construction Depends on Russia-EU Agreement
    Turkish Stream: Prospects of Delivering Russian Gas to Europe Bypassing Ukraine
    Serbia Needs to 'Take Much Political Effort' to Join Turkish Stream Gas Pipeline
    Tags:
    oil drilling, Mediterranean Sea, Black Sea, Turkey
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment