A Largest Oil Field Found in Turkey | A New Oil Field Dscovered in Turkey
Largest Oil Field Found in Turkey
The economy is reeling from the devastation of the earthquake of Turkey. A new oil field has been discovered in the southeastern part of the country. The President of Turkey Recep Tayyip Erdoğan confirmed this on Tuesday.
Where was the oil field discovered?
From an oil field discovered 2600 meters below the surface 12 barrels of oil can be extracted daily. The Turkish president says the country has the largest oil reserves in its history. As a result country will no longer need to import oil from outside. As a result, the country will become self-sufficient in fuel oil.
How will the discovery of oil fields affect the Turkish economy?
New possibilities are being added to Turkish energy since last year. Another new oil field was discovered next to the newly discovered oil field in December last year. 12 billion dollars in oil fields Reserves are 15 million barrels of oil. In addition, recently, six billion cubic meter gas in stock have been discovered in the Crista Sea. On the other hand, it signed a long-term export agreement with Bulgaria in January.
Last year Angara imported about 3.3 billion barrels of oil are imported. Natural gas import volume was 5800 crore cubic meters. Energy minister of the country said that The new gas stock will meet Turkey's 30-year demand. The discovery of oil fields will help reduce imports of oil. As a result dollar will strengthen the crisis-stricken Turkish economy Hope the energy expert.
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