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	<title>Turkey Natural Gas Discovery</title>
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		<title>Turkey Natural Gas: Pakistan&#8217;s friend gets treasure worth Rs 3.08 lakh crore! Know what it is that made Erdogan happy after receiving it.</title>
		<link>https://fastnewsglobe.com/turkey-natural-gas-pakistans-friend-gets-treasure-worth-rs-3-08-lakh-crore-know-what-it-is-that-made-erdogan-happy-after-receiving-it/</link>
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		<pubDate>Mon, 10 Nov 2025 05:55:51 +0000</pubDate>
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					<description><![CDATA[Pakistan&#8217;s friend Turkey has announced the new discovery of 92.4 billion cubic meters of natural...]]></description>
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<p style="text-align: justify;">Pakistan&#8217;s friend Turkey has announced the new discovery of 92.4 billion cubic meters of natural gas. According to the current market rates, its value has been estimated at around 37 billion US dollars i.e. around Rs 3.08 lakh crore. Energy and Natural Resources Minister Alparslan Bayraktar told the Parliament&#8217;s Energy Committee that this discovery is the biggest step towards Turkey&#8217;s energy self-sufficiency. Out of this, 75 billion cubic meters of gas was obtained from the Goktepe-3 well in May 2025.</p>
<p style="text-align: justify;">Minister Bayraktar informed that the government aims to complete a total of 300 drilling operations by 2026, of which 282 will be onshore and 18 will be offshore. Turkey is currently producing 1.8 lakh barrels of oil per day, which is enough to fuel approximately 7 million vehicles. He said that oil production in the Mount Gabar field has been increased to 81,000 barrels per day from the earlier 57,000 barrels. Due to this, the country&#8217;s trade deficit has reduced by about 2 billion dollars every year.</p>
<p style="text-align: justify;"><strong>20 million cubic meter production by 2026</strong></p>
<p style="text-align: justify;">The Turkish government also said that gas production of 20 million cubic meters / day will be started by 2026 through the new floating platform Osman Gazi being established in the Sakarya Gas Field in the Black Sea. In the third phase (by 2028), this production is expected to increase to 45 million cubic meters/day.</p>
<p style="text-align: justify;"><strong>Self-reliance in energy sector through modern drilling technology</strong></p>
<p style="text-align: justify;">Over the past decade, Turkey has built the world&#8217;s fourth largest oil and gas exploration fleet. This includes 6 drilling ships and 2 seismic survey ships. With the help of these modern ships, Turkey is now able to dig and produce in its own sea areas, thereby reducing its dependence on foreign companies.</p>
<p style="text-align: justify;"><strong>New gas discovery in Egypt, increased energy activity in Arab region</strong></p>
<p style="text-align: justify;">Along with Turkey, Egypt has also recently announced the discovery of new natural gas. According to the Egyptian Ministry of Petroleum, Badr El Din Company has discovered a well in the Badr-15 field of the Western Desert, which has the capacity to produce 16 million cubic feet of gas and 750 barrels of condensate per day. This is likely to increase Egypt&#8217;s national gas reserves by approximately 15 billion cubic feet.</p>
<p style="text-align: justify;"><strong>Also read: </strong><strong>Bahrain Vs Indian Currency: If you earn Rs 500 by going to this Muslim country, you will become a millionaire after coming to India, the value of the currency will make you happy.</strong></p>
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<p><a href="https://www.abplive.com/news/world/turkey-discovered-92-point-4-billion-cubic-meters-of-natural-gas-worth-approximately-37-billion-dollar-3041259" target="_blank" rel="noopener">Source link </a></p>
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