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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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04.02.2026 Natural Gas

Spot market natural gas prices for Sunday, Feb. 1

- The trade volume on Türkiye's spot natural gas market showed a decrease of 15.8% to around 2.8 million liras on Sunday, Türkiye's Energy Exchange Istanbul (EXIST) data showed on Monday
02.02.2026 Natural Gas

Germany's gas reserves drop amid freezing temperatures, opposition raises alarm

- Green Party criticizes government for poor preparation as storage facilities have fallen to 32.9% capacity
03.02.2026 Natural Gas

Venezuela exports 1st LPG shipment as Chrysopigi Lady sets sail for global markets

- Acting President Delcy Rodriguez hails historic shipment as a ‘milestone’
03.02.2026 Lng/Lpg

Spot market natural gas prices for Saturday, Jan. 31

- 1,000 cubic meters of natural gas on spot market costs 14,487 Turkish liras
01.02.2026 Natural Gas

Spot market natural gas prices for Friday, Jan. 30

- 1,000 cubic meters of natural gas on spot market costs 14,486 Turkish liras
31.01.2026 Natural Gas

Spot market natural gas prices for Thursday, Jan. 29

- 1,000 cubic meters of natural gas on spot market costs 14,324 Turkish liras
30.01.2026 Natural Gas

Spot market natural gas prices for Wednesday, Jan. 28

- 1,000 cubic meters of natural gas on spot market costs 14,257 Turkish liras
29.01.2026 Natural Gas

Spot market natural gas prices for Tuesday, Jan. 27

- 1,000 cubic meters of natural gas on spot market costs 14,196.29 Turkish liras
28.01.2026 Natural Gas

Spot market natural gas prices for Monday, Jan. 26

- 1,000 cubic meters of natural gas on spot market costs 14,210.00 Turkish liras
27.01.2026 Natural Gas

Spot market natural gas prices for Sunday, Jan. 25

- 1,000 cubic meters of natural gas on spot market costs 14,140.79 Turkish liras
26.01.2026 Natural Gas

Spot market natural gas prices for Saturday, Jan. 24

- 1,000 cubic meters of natural gas on spot market costs 14,217 Turkish liras
25.01.2026 Natural Gas

Libya breaks 12-year oil production record in 2025

- Nation also launched first oil, natural gas exploration licensing round in 17 years in 2025, says premier
26.01.2026 Natural Gas , Oil

Spot market natural gas prices for Friday, Jan. 23

- 1,000 cubic meters of natural gas on spot market costs 14,107 Turkish liras
24.01.2026 Natural Gas

Libya Energy, Economy Summit convenes in Tripoli

- Libya targets energy growth with global investors at LEES as Türkiye's Energy and Natural Resources Minister Alparslan Bayraktar will take part in summit's opening session, ministerial panel
24.01.2026 Natural Gas , Oil

Spot market natural gas prices for Thursday, Jan. 22

- 1,000 cubic meters of natural gas on spot market costs 14,183 Turkish liras
23.01.2026 Natural Gas

Spot market natural gas prices for Wednesday, Jan. 21

- 1,000 cubic meters of natural gas on spot market costs 14,127.90 Turkish liras
22.01.2026 Natural Gas

Spot market natural gas prices for Tuesday, Jan. 20

- 1,000 cubic meters of natural gas on spot market costs 14,122 Turkish liras
21.01.2026 Natural Gas

Spot market natural gas prices for Monday, Jan. 19

- 1,000 cubic meters of natural gas on spot market costs 14,134.00 Turkish liras
20.01.2026 Natural Gas

Spot market natural gas prices for Sunday, Jan. 18

- 1,000 cubic meters of natural gas on spot market costs 14,151 Turkish liras
19.01.2026 Natural Gas

US to double LNG export capacity in coming years, energy association head says

- Mark Menezes says US energy industry will see expanded use of natural gas, renewed investment in nuclear power, continued growth in LNG exports
20.01.2026 Natural Gas

Spot market natural gas prices for Saturday, Jan. 17

- 1,000 cubic meters of natural gas on spot market costs 14,173.69 Turkish liras
19.01.2026 Natural Gas

Spot market natural gas prices for Friday, Jan. 16

- 1,000 cubic meters of natural gas on spot market costs 14,184.00 Turkish liras
17.01.2026 Natural Gas

Spot market natural gas prices for Thursday, Jan. 15

- 1,000 cubic meters of natural gas on spot market costs 14,200.66 Turkish liras
16.01.2026 Natural Gas

Spot market natural gas prices for Wednesday, Jan. 14

- 1,000 cubic meters of natural gas on spot market costs 14,218.29 Turkish liras
15.01.2026 Natural Gas

Spot market natural gas prices for Tuesday, Jan. 13

- 1,000 cubic meters of natural gas on spot market costs 14,231.70 Turkish liras
15.01.2026 Natural Gas

Türkiye's LPG production down 18.3% in November 2025

- LPG imports decrease by 14.16%, while exports fall by 1.15% in November, latest industry report reveals
15.01.2026 Lng/Lpg

Türkiye's gas imports down 13.2% in November 2025

- Russia remains Türkiye's largest natural gas supplier, providing 1.20 billion cubic meters
15.01.2026 Natural Gas

Spot market natural gas prices for Monday, Jan. 12

- 1,000 cubic meters of natural gas on spot market costs 14,249 Turkish liras
13.01.2026 Natural Gas

Spot market natural gas prices for Saturday, Jan. 10

- 1,000 cubic meters of natural gas on spot market costs 14,316.74 Turkish liras
11.01.2026 Natural Gas

Spot market natural gas prices for Friday, Jan. 9

- 1,000 cubic meters of natural gas on spot market costs 14,321.20 Turkish liras
10.01.2026 Natural Gas

Spot market natural gas prices for Thursday, Jan. 8

- 1,000 cubic meters of natural gas on spot market costs 14,230.63 Turkish liras
09.01.2026 Natural Gas
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