New Route in Energy: Oil Exploration Begins in Western Black Sea

Announcement Energy Minister Alparslan Bayraktar announced that Turkey will soon begin oil exploration in the Western Black Sea.
Production Processes He said that work is ongoing to bring existing reserves into production and to convert oil and natural gas exploration projects into production.
International and Local Operations Bayraktar noted that the ministry’s vessels play an active role in these efforts.
One vessel is operating in Somalia, while the others are engaged in the Black Sea production development program and are drilling new wells in the Western, Central, and Eastern Black Sea areas where reserves have been identified.
Targeted Drilling He added that in the coming days the ministry will start a targeted oil drilling program.
“It will take some time and be challenging, but we will soon begin a targeted oil drilling in the Western Black Sea,” he said.
Strategic Significance This step is seen as an important milestone on Turkey’s path to becoming a new oil-producing nation.