Turkey turns to US firms with plans of Black Sea gas extraction

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Turkey turns to US firms with plans of Black...
 © CyprusMail 2021
Turkey has shared data on its Black Sea discovery with US energy majors Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas, a Turkish official with knowledge of the matter told Reuters.

Ankara has so far insisted it would develop the estimated 540 billion cubic meters field, its biggest-ever discovery and among the world’s largest last year, on its own.

Any formal work with US companies would, therefore, mark a shift in the Black Sea, where Russia also has claims. Turkish exploration in the Mediterranean has raised tension with the European Union and the United States...


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Turkey turns to US firms with plans of Black Sea gas extraction


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Article Tags: turkey, turns, firms, plans, black, extraction,