Turkey could work with foreign firms to develop Sakarya gas field

Turkey stated that there is a possibility that it would cooperate with foreign companies to develop its massive discovery in the Black Sea. According to an article by Reuters, Turkish Energy Minister Fatih Donmez stated that the country would operate … Read More

Rystad Energy: Giant Tuna-1 discovery could save Turkey $21 billion

If Turkey develops the giant Tuna-1 (Danube-1) gas discovery, it could potentially save the country up to $21 billion in import costs, Rystad Energy estimates. Rystad said on Wednesday that this would depend on the field’s peak output, which remains … Read More