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Turkey to start drilling for natural gas and oil this year

Image of a oil drilling rig [file photo]
Oil drilling rig [file photo]

Turkey’s Minister of Energy and Natural Resources, Berat Albayrak, revealed on Friday that his country would start drilling for natural gas and oil in 2017.

The minister made the disclosure in Istanbul during a meeting with academics about the country’s natural resources.

Albayrak said that Turkey would carry out the excavations in the Mediterranean and the Black Sea, stressing that his country will take tangible steps towards securing its people’s energy demands.

The minister pointed out that natural gas would become the most important source of energy in the next century, as did coal in the 19th century and oil in the 20th century.

He noted that Turkey regards liquid gas as a primary source of energy.

Albayrak said that Turkey would have three nuclear reactors by 2030 with the first to commence work in 2023.

He also said that his country would witness new investments in the energy sector, noting that more than 60 per cent of the world’s total natural gas and oil exist in an area near to Turkey.

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