Turkey to Reach 11bcm Gas Storage Capacity by 2023

Turkey to Reach 11bcm Gas Storage Capacity by 2023

Turkey is aiming to boost its annual natural gas storage capacity to reach around 11 bcm by 2023, the country’s Energy and Natural Resources Minister, Berat Albayrak, said, according to Türkiye.

It worth noting that Turkey is currently having a daily natural gas transmission system with a capacity of 190mcm. “This daily capacity will first increase to 300mcm while we will take it up to 400mcm in two years,” Albayrak stated.

In addition, the Turkish minister highlighted that the nation is currently focusing on strengthening its energy security and domestic energy resources.

“Thus, we focus on our seismic explorations both in the Mediterranean and the Black Sea region. We aim to reveal the gas and oil potential of these seas and want this potential to contribute to the region,” Yeni safak informed, citing the minister.

Mahinaz El-Baz 312 Posts

Mahinaz El Baz received her MSc degree in Foreign Trade Economics from Helwan University in 2016. She has two years of experience in journalism and four years of experiance in economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.

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