Turkey wants to get rid of energy dependence - minister
By Trend
Turkey wants to get rid of energy dependence and become an exporter of oil and gas, Minister of Energy and Natural Resources of Turkey Fatih Donmez said, Trend reports March 28 with reference to the Turkish media.
He said that for these purposes, oil and gas exploration is being carried out in the country.
The minister noted that Turkey is an energy hub, and this is evidenced by such important projects as TANAP and the Turkish Stream.
On Feb. 8, Fatih Donmez, minister of energy and natural resources of Turkey, said that natural gas reserves were discovered in the north-west of Turkey.
A law permitting oil exploration in forests and national parks came into force in Turkey in April 2014.
TANAP project envisages transportation of gas from Azerbaijan's Shah Deniz field to the western borders of Turkey.
The length of TANAP is 1,850 kilometers with an initial capacity of 16 billion cubic meters of gas. Around six billion cubic meters of this gas is meant to be delivered to Turkey, with the remaining volume to be supplied to Europe.
The share distribution of TANAP shareholders is as follows: Southern Gas Corridor CJSC - 51 percent, SOCAR Turkey Enerji - 7 percent, Botas - 30 percent, BP - 12 percent.
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