Turkey’s anticipation to be freed of soaring import dependency due to rising energy consumption feels more realizable as shale gas reserve searches and synthetic gas production continue
New findings are spurring hopes in Turkey’s search for new energy
resources, following the energy minister’s recent announcement that
indications of possible shale gas resources had been found in the
Central Anatolian provinces of Ankara, Konya and Kırşehir.
Both the rising domestic gas consumption forcing import dependency and Turkey’s geographic location linking it as a supplier to international markets suggest that the discovery of major reserves could be a great relief for the Turkish economy.
Turkey has been anticipating the normalization of world energy markets, which have recently seen significant price divergences. However, in the meantime it is also seeking to benefit from the reserve potentials in its southeastern, eastern and western regions, Energy Minister Taner Yıldız said during Turkey’s International Shale Oil and Gas Conference held in Ankara.
Shell has been drilling around the southeastern city of Diyarbakir for shale gas, but Turkey has also accelerated its operations in Central Anatolia.
Both the rising domestic gas consumption forcing import dependency and Turkey’s geographic location linking it as a supplier to international markets suggest that the discovery of major reserves could be a great relief for the Turkish economy.
Turkey has been anticipating the normalization of world energy markets, which have recently seen significant price divergences. However, in the meantime it is also seeking to benefit from the reserve potentials in its southeastern, eastern and western regions, Energy Minister Taner Yıldız said during Turkey’s International Shale Oil and Gas Conference held in Ankara.
Shell has been drilling around the southeastern city of Diyarbakir for shale gas, but Turkey has also accelerated its operations in Central Anatolia.
