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Turkish president announces more gas reserves found in Black Sea

- Türkiye's ultimate goal is to declare energy independence from foreign oil and natural gas as soon as possible, says President Erdogan

home > Natural Gas, Upstream 27.12.2022 11:38

Turkish president announces more gas reserves found in Black Sea

Türkiye's president on Monday announced the discovery of an additional 58 billion cubic meters of natural gas in the Black Sea.

"Our drill ship Fatih has explored 58 billion cubic meters of natural gas reserves, 3,023 meters under the sea, at the Caycuma 1 block," said President Recep Tayyip Erdogan following a Cabinet meeting at the Presidential Complex in Ankara.

Stressing that Türkiye's natural gas reserve in the Black Sea totals 710 billion cubic meters (25 trillion cubic feet) with a market value of $1 trillion, Erdogan said the country's ultimate goal is to declare energy independence from foreign oil and natural gas as soon as possible.

"Our new exploration will pave the way for similar explorations in other geological fields adjacent to the region. We will launch new drilling as soon as possible," Erdogan added.

On the country's counterterrorism efforts, Erdogan announced that Türkiye "will close the gaps in our 30-kilometer (18.6-mile) deep security line and take new steps to completely eliminate the threats posed by (terrorist groups in) Syria to our country."

"We will enter a new phase of struggle that will destroy the entire infrastructure and resources of the terrorist group (PKK and YPG/PKK), which it receives strength from, as well as its armed capacity," he said.


- Border protection, defense industry growth

Noting that Türkiye increased the number of its counterterrorism operations to 124, Erdogan said nearly 9,800 terrorist hideouts were destroyed over the past year.

The Turkish president stressed that the recently launched Claw operations have secured Türkiye's "border in northern Iraq, which the terrorist group has been using for years to infiltrate our lands."

"In order to protect our land borders, we have put in place all means of technology, manpower, as well as physical barriers," he said, adding that at least 5.4 million square meters of land along Türkiye's border regions have been regained for the country's economy after clearing them from mines.

The PKK and its Syrian branch the YPG/PKK have used terrorist bases across Türkiye’s border in northern Iraq and northern Syria to plot and carry out attacks on Türkiye. Along the Syrian border, the group has worked to create a terrorist corridor along the border, threatening both Syrian locals and nearby Turkish residents.

Türkiye launched Operation Claw-Lock in April to target the terrorist group PKK's hideouts in the Metina, Zap, and Avasin-Basyan regions of northern Iraq, located near the Turkish border.

It was preceded by two operations – Claw-Tiger and Claw-Eagle – launched in 2020 to root out terrorists hiding out in northern Iraq and plotting cross-border attacks in Türkiye.

In its more than 35-year terror campaign against Türkiye, the PKK – listed as a terrorist organization by Türkiye, the US, and EU – has been responsible for the deaths of over 40,000 people, including women, children, and infants.

Since 2016, Ankara has launched a trio of successful anti-terror operations across its border in northern Syria to prevent the formation of a terror corridor and enable the peaceful settlement of residents: Euphrates Shield (2016), Olive Branch (2018), and Peace Spring (2019). Turkish officials have suggested another such operation is coming.

On the progress of the country's defense industry, Erdogan said Türkiye has now become a country that designs and manufactures defense products not only for itself but also for others.

"With our ever-growing exports, we have become a country that has made a mark with the products of our defense industry sector all over the world," he said, adding that he hopes to further strengthen Türkiye's position through projects commissioned next year.

By Merve Aydogan

Anadolu Agency

energy@aa.com.tr



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- 1,000 cubic meters of natural gas on spot market costs 14,316.01 Turkish liras
03.08.2025 Natural Gas

Türkiye, Azerbaijan, Qatar and Syria inaugurate cross-border natural gas pipeline

- Project carries both humanitarian and strategic significance, aiming to improve living conditions in Syria while fostering long-term regional cooperation, officials says
05.08.2025 Natural Gas , Energy Diplomacy

Spot market natural gas prices for Friday, Aug.1

- 1,000 cubic meters of natural gas on spot market costs 14,335.60 Turkish liras
02.08.2025 Natural Gas

Türkiye begins natural gas shipments to Syria

- -Annual exports could reach 2 billion cubic meters, Turkish energy minister says
03.08.2025 Electricity , Natural Gas

Spot market natural gas prices for Thursday, July 31

- 1,000 cubic meters of natural gas on spot market costs 14,353.86 Turkish liras
01.08.2025 Natural Gas

US-Canada energy trade totals $150 billion last year amid price decline: EIA

- US crude oil and natural gas imports from Canada increased by 5% and 7%, respectively
02.08.2025 Natural Gas , Oil , Energy Diplomacy

Spot market natural gas prices for Wednesday, July 30

- 1,000 cubic meters of natural gas on spot market costs 14,392.62 Turkish liras
31.07.2025 Natural Gas , Finance

Spot market natural gas prices for Tuesday, July 29

- 1,000 cubic meters of natural gas on spot market costs 14,428.20 Turkish liras
30.07.2025 Natural Gas

First gas flow to Syria set for August 2: Turkish energy minister

- Azerbaijani gas to be delivered via Kilis to Aleppo to boost electricity generation in northern Syria
01.08.2025 Electricity , Natural Gas

Türkiye's Energy Minister to attend Anadolu's Editor's Desk on July 30

- Bayraktar to outline national energy policy and comment on current energy topics
30.07.2025 Natural Gas , Oil , Finance , Energy Diplomacy , General

Spot market natural gas prices for Monday, July 28

- 1,000 cubic meters of natural gas on spot market costs 14,419 Turkish liras
29.07.2025 Natural Gas

Gazprom posts $131 million loss in 1H25

- Gazprom revenues rise by 4.2% year-on-year, though company ends first half in red
29.07.2025 Natural Gas

Spot market natural gas prices for Sunday, July 27

- 1,000 cubic meters of natural gas on spot market costs 14,430 Turkish liras
29.07.2025 Natural Gas

Türkiye's natural gas imports up 22.8% in May

- Russia, Azerbaijan and Iran are Türkiye's largest gas suppliers, providing 1.19 bcm, 1.05 bcm, and 791 mcm, respectively
29.07.2025 Natural Gas

Ukraine imports Azerbaijani gas via Transbalkan route for first time

- Naftogaz's first gas deal with SOCAR opens a new supply route via Trans-Balkan corridor, reinforcing Kiev's strategy to ensure energy security without Russian gas
29.07.2025 Natural Gas , General

Spot market natural gas prices for Saturday, July 26

- 1,000 cubic meters of natural gas on spot market costs 14,433.17 Turkish liras
27.07.2025 Natural Gas

Spot market natural gas prices for Friday, July 25

- 1,000 cubic meters of natural gas on spot market costs 14,483.19 Turkish liras
26.07.2025 Natural Gas

Spot market natural gas prices for Thursday, July 24

- 1,000 cubic meters of natural gas on spot market costs 14,398.14 Turkish liras
25.07.2025 Natural Gas

Spot market natural gas prices for Wednesday, July 23

- 1,000 cubic meters of natural gas on spot market costs 14,430.65 Turkish liras
24.07.2025 Natural Gas

More LNG supply is expected in 2026 supporting rising gas demand: IEA

- On demand side, rising LNG supply is projected to boost imports after a dip in 2025, latest sector report shows
23.07.2025 Lng/Lpg

Spot market natural gas prices for Tuesday, July 22

- 1,000 cubic meters of natural gas on spot market costs 14,774.15 Turkish liras
23.07.2025 Natural Gas

Zorlu Enerji completes sale of energy assets in Israel

- Company recently completed sale of its 25% stake in Dorad Energy Ltd., a process that began in March
23.07.2025 Electricity , Natural Gas , Energy Diplomacy

Spot market natural gas prices for Monday, July 21

- 1,000 cubic meters of natural gas on spot market costs 14,487.71 Turkish liras
22.07.2025 Natural Gas

Spot market natural gas prices for Sunday, July 20

- 1,000 cubic meters of natural gas on spot market costs 14,430 Turkish liras
21.07.2025 Natural Gas

Spot market natural gas prices for Saturday, July 19

- 1,000 cubic meters of natural gas on spot market costs 14,490.68 Turkish liras
21.07.2025 Natural Gas

Spot market natural gas prices for Friday, July 18

- 1,000 cubic meters of natural gas on spot market costs 14,471.50 Turkish liras
19.07.2025 Natural Gas

Spot market natural gas prices for Thursday, July 17

- 1,000 cubic meters of natural gas on spot market costs 14,550 Turkish liras
18.07.2025 Natural Gas

EU to ban imports via Nord Stream pipelines under new Russia sanctions: Foreign policy chief

- Sanctions package also targets 105 more vessels associated with Russia’s so-called shadow fleet, limits Russian banks’ access to international funding mechanisms, says Kaja Kallas
18.07.2025 Natural Gas

Spot market natural gas prices for Wednesday, July 16

- 1,000 cubic meters of natural gas on spot market costs 14,493.75 Turkish liras
17.07.2025 Natural Gas

Spot market natural gas prices for Tuesday, July 15

- 1,000 cubic meters of natural gas on spot market costs 14,584 Turkish liras
16.07.2025 Natural Gas

Spot market natural gas prices for Monday, July 14

- 1,000 cubic meters of natural gas on spot market costs 14,638.53 Turkish liras
15.07.2025 Natural Gas

Spot market natural gas prices for Sunday, July 13

- 1,000 cubic meters of natural gas on spot market costs 14,584.47 Turkish liras
14.07.2025 Natural Gas

Spot market natural gas prices for Saturday, July 12

- 1,000 cubic meters of natural gas on spot market costs 14,525 Turkish liras
14.07.2025 Natural Gas
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