Key Takeaways
- Turkiye will receive some diesel from the US-Russia supply deal.
- The deal is seen as important for Turkiye's energy security.
- Turkiye plans to bring a second floating gas production platform online in 2028.
Turkiye will receive some diesel from the US-Russia supply deal, according to Energy Minister Alparslan Bayraktar. Bayraktar stated that the deal is crucial for Turkiye's energy security, given the country's reliance on Russia for some of its energy needs.
Bayraktar mentioned that Russia recently imposed restrictions on diesel exports, leading to the agreement with US President Donald Trump. Through these talks, Turkiye will take some of the diesel from the US-Russia deal.
Turkiye is diversifying its energy sources to reduce dependence on Russia, Iran, Azerbaijan, and other countries. The deal with the US is part of this strategy.
In related news, Turkiye plans to bring a second floating gas production platform online in the first quarter of 2028. This platform is expected to increase daily gas output in the Black Sea to 45 million cubic metres.
The Osman Gazi, Turkiye's first floating gas production platform, was sent to the Black Sea on Saturday. This platform is expected to roughly double daily output from the Sakarya field to 20 million cubic metres, equivalent to 7.3 billion cubic metres annually.
With the second floating platform, Turkiye's daily production at the field will increase to 550,000 barrels of oil equivalent. Bayraktar noted that this will allow Turkiye to use its own gas in three out of four homes.
Turkiye is one of Europe's largest gas markets, consuming 59 billion cubic metres last year. Domestic production is currently 3.1 billion cubic metres, mostly from the Sakarya field.
Hydrocarbon exploration operations planned off Pakistan have been delayed by about six months due to the impact of the Iran war on the region, according to Bayraktar.
