Turkey reveals new oil and gas reserves

Oil and gas reserves were discovered in 17 wells during a drilling operation searching for hydrocarbons conducted in Turkey in 2012, Minister of Energy and Natural Resources, Taner Yildiz said, Haber 7 reported on Thursday.

According to the minister, 57 wells have been drilled within an exploration operation of which 11 have oil reserves and six natural gas reserves.
The minister also said that Turkey will continue exploratory operations for hydrocarbons in the country in future.
Yildiz stated that in 2013, the ministry will conduct search operations in the provinces of Hakkari and Sh?rnak, as well as in the Black Sea.

Turkey is actively searching for oil fields in order to reduce dependence on oil from overseas. High expectations were placed upon exploration activities in the area of Sinop in 2012, but that yielded no results.


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