You have commented 358 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
The Grand Turk
Türkiye discovers gas reserves in Black Sea worth $30 billion
2025-05-18
Direct Translation via Google Translate. Edited.
[Regnum] Turkey has discovered a large gas field in the Black Sea, the fuel reserves are preliminarily estimated at $30 billion. This was announced on May 17 by the country's President Recep Tayyip Erdogan.
Just what the world needs: a neo-Ottoman sultanate with money, instead of living on the charity of former subject Arabian territories.
"A new gas field has been discovered in the Black Sea at the Goktepe-3 well. The volume is 75 billion cubic meters, the economic value is $30 billion," he said, speaking in Istanbul.

According to the head of the Turkish state, this field will be able to provide local households for three and a half years.
Only temporarily wealthy? That’s ok, then.
In addition, Erdogan said that work on the Goktepe-3 well was completed at a depth of 3.5 thousand meters.

As reported by the Regnum news agency, on May 11, Russian President Vladimir Putin and Erdogan expressed interest in implementing strategic joint projects in the energy sector. During the phone call, the leaders also expressed mutual interest in further expanding trade and investment ties.

In early May, the Turkish leader announced that the construction of the first reactor of the Akkuyu NPP, under the management of the subsidiary of the state corporation Rosatom, JSC Akkuyu Nuclear, would soon be completed. According to him, the nuclear power plant is scheduled to reach full capacity in 2028, which will reduce natural gas imports by 7 billion cubic meters per year and save $2.5 billion.

Türkiye Today
Türkiye discovers major natural gas reserve in Black Sea, worth $30B
Posted by:badanov

#2  Pretty modest discovery
Posted by: Glenmore    2025-05-18 18:28  

#1  Something to fuel the train.

Türkiye to launch super high-speed train between Ankara-Istanbul, reducing travel time to 80 mins
Posted by: Skidmark   2025-05-18 07:19  

00:00