Turkey will introduce tax breaks for the development of a gas field in the Black Sea 


Turkey will provide tax breaks to Turkish Petroleum to support its $ 9.9 billion project to develop the Sakarya gas field in the Black Sea. The field’s reserves are estimated at 540 billion cubic meters.

The start of production at the developing field is scheduled for 2023, reports enkorr .

According to the information and analytical review of Turkey’s fuel and energy sector, in 2021, according to the International Energy Agency, 394 million cubic meters of natural gas were extracted in Turkey (-9% by 2020).

The country’s largest gas field, Marmara Kuzey, is located on the shelf of the Marmara Sea in the Thrace Basin, which provides about 95% of Turkey’s gas production.

Associated petroleum gas is also produced within the Batman and Adıyaman basins. Natural gas production in the Turkish Black Sea sector (production platforms Ayazli, D. Ayazli, Akkaya, Akcakoca) is conducted by a joint venture between TPAO, Petrol Ofisi, Park Place Energy and Foinavon.

Earlier, it was reported that Turkey and Deutsche Bank were finalizing talks on a 1 billion-euro ($ 1.1 billion) loan to finance the purchase of liquefied natural gas, which would reduce the country’s dependence on Russian imports. Джерело: https://biz.censor.net/n3335801


One comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.