Evaluation of Erdogan's Natural Gas Statement by Experts

Evaluation of Erdogan's Natural Gas Statement by Experts Evaluation of Erdogan's natural gas statement by experts. President Recep Tayyip Erdoğan stated that he will visit the Fatih ship and announce the new gas reserve. Thereupon, assessment of Erdogan's natural gas statement came from the experts. At the AK Party's group meeting, President Recep Tayyip Erdogan said, "I will visit the Fatih ship on Saturday and announce the new gas reserve". Following Erdogan's statement, experts conveyed their evaluations to Bloomberg HT on the issue.   "Absolute Contribution to Our Economy" Özgül Holding Chairman Ömer Faruk Özgül made the following statements regarding the natural gas statement: “I was predicting that after the first reserve was announced, new reserves would also be announced. Because after such a basin was identified, I had great belief that new basins would be found nearby. I believe that the reserves of approximately 3 hundred million in the first basin will increase much more. With the announcement of such a reserve from natural gas, 35 percent of our electricity production is still certain that it will reflect on electricity prices. In addition, with such a reserve to replace our natural gas agreements with Russia, our future expectations will be well reflected in the sectors where electricity is used.” The reflection on costs would not be seen before 5 years with an optimistic estimate. It is already said in the statements of 2023. I find 2023 really optimistic, but not impossible. I believe it will come to life by 2025 at the latest. Statements for the markets are very transparent and should not be frayed. We are a country that uses 55 billion cubic meters of natural gas annually. Every reserve disclosed means that it will reduce the current account deficit. In other words, it is certain that this will contribute to our economy regardless of the amount. "   There Will Be A Serious Increase Energy Diary Editor-in-Chief Mehmet Kara said the following on the subject: “Fatih drilling vessel is in the triangle of Romania, Bulgaria and Turkey . We heard the first reserve announcement in August. The ship is still there. At that time, we heard rhetoric that the amount could increase. The president said he will make a statement on Saturday. As he said before, a serious reserve announcement will be made. This is a well in the Sakarya gas field. My guess is that a total reserve figure of 500 billion cubic meters will be announced, but of course the more exploration / detection drilling you do, the better your chances of getting results. I am saying that there will be a serious increase. "