Turkey Expands Energy Output and Global Partnerships
Turkey Expands Energy Output and Global Partnerships

Turkey Expands Energy Output and Global Partnerships

News summary

Turkey's Sakarya Gas Field in the Black Sea now produces 9.5 million cubic meters of natural gas daily, supplying over 4 million households as the project’s first phase concludes. The country plans to double output by 2026 with its first floating production platform and aims to meet all residential gas needs from Sakarya by 2028. Turkey is actively expanding international energy partnerships, negotiating exploration deals in Bulgaria, the Caspian region, Iraq, Libya, and Somalia, and has signed joint offshore exploration agreements with Pakistan. New strategic energy partnerships have also been established with Hungary, while opportunities in Turkmenistan are being pursued. Seismic surveys in Somalia are set to finish by May, with drilling decisions expected by year-end. Further deals in Bulgaria are anticipated next month as Turkey works to strengthen its role as a regional energy hub.

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