


Turkey has achieved significant success as a result of its intensive natural gas exploration activities in recent years. Energy and Natural Resources Minister Bayraktar announced during his presentation at the Turkish Grand National Assembly (TBMM) Plan and Budget Commission that Turkey has discovered a total of 92.4 billion cubic meters of natural gas. It was stated that the current market value of this discovery is estimated at 37 billion dollars.
Minister Bayraktar's statements are being regarded as an important development for the country's economy. The discovery of natural gas and other energy resources stands out as one of the most concrete examples of the steps taken towards Turkey's energy independence. Despite the rising energy demand and fluctuations in global energy prices, such discoveries could help Turkey gain a stronger position in the international energy market.
Recent findings from exploration activities, particularly in the Black Sea, are greatly contributing to Turkey's energy strategy. In this context, Minister Bayraktar stated that the new discoveries are of great importance not only for domestic energy consumption but also for export potential. Investors are closely monitoring these developments in Turkey's energy sector, and the market's response is eagerly awaited.
These developments in the energy sector illustrate Turkey's resolute stance and its strategic plans for sustainable energy resources. Additionally, the discovered natural gas is considered to be an important resource for Turkey's future. Minister Bayraktar's detailed budget presentation sheds a hopeful light on energy investments and projects for the coming years.
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