Friday, November 21, 2014

Turkey's oil and gas reserves to diminish in 20 years, reason why Cyprus, Iraq and Israel should worry?


Turkey's oil and gas reserves to diminish in 20 years, reason why Cyprus, Iraq And Israel should worry? (Bugun).

The country has 46.3 million tons of crude oil - enough only for 19.3 years and 6.3 billion cubic meters of natural gas, which will only be enough for 12.2 years, according to figures from the Ministry.

Turkey consistently operates its wide-ranging exploratory projects for its energy demands. It has made 3,323 kilometers of two-dimensional seismic detection exploration and 9,526 square kilometers of three-dimensional seismic detection studies in the first eight months of 2014. Hmmm.....The West better wake up.

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