Turkey in Search of Oil and Natural Gas
Turkey expects its shale natural gas reserves in southern provinces to exceed 1.5 trillion cubic feet, a petroleum association announced.
The Turkish Association of Petroleum Geologists estimates that Turkey holds more than 1.5 trillion cubic feet of shale natural gas, with most of that coming from southeastern provinces, the Platts news service reports.
Turkey gets more than 90 percent of its natural gas from foreign suppliers. In January, Turkish Energy Minister Taner Yildiz signed a 10-year deal with Algeria’s state-owned energy company Sonatrach for liquefied natural gas deliveries.
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