President Erdogan: ‘Natural gas reference price will be formed in Turkey’

President Recep Tayyip ErdoganRegarding the natural gas center to be established in Thrace, which was opened in Silivri, “Natural gas reference price TurkeyIt will occur,” he said.

Europe’s largest underground natural gas storage facility was opened in Silivri with a capacity increase. The giant facility was inaugurated by President Recep Tayyip Erdoğan. President Recep Tayyip Erdoğan, who came to the ceremony area by helicopter, then made investigations in the area where the facility is located by helicopter.

Speaking at the ceremony, President Recep Tayyip Erdoğan said, “I wish the total capacity of the Silivri Underground Natural Gas Storage Facility, which has reached 4.6 billion cubic meters with its new phase, to be beneficial to our country and nation. With today’s opening, Silivri has become the largest underground gas storage facility in Europe. As it is known, we established this facility and put its first phase into service in 2007. The last expansion works were carried out by drilling 31 thousand meters of sea in 18 wells via platforms 3 kilometers off the sea. Black SeaThe drilling operations in . The materials used in all these studies were produced locally and nationally, thus contributing to our country’s accumulation in the field of gas storage. Our Silivri Natural Gas storage facility has a daily capacity of 45 million cubic meters of injection and 75 million cubic meters of back production. Our facility will be able to meet one-fourth of the demand on its own, even during the peak consumption period of our country.

Ankara Noting that they will reach a similar rate there when the capacity expansion works in Tuzgölü are completed, President Erdoğan said, “Considering that our country will consume 53.5 billion cubic meters of natural gas this year, the 4.6 billion cubic meters we reached in Silivri and the 5.4 billion cubic meters we targeted in Tuz Gölü will be reached. The importance will be better understood. I congratulate the ministries, institutions and contractors who contributed to the commissioning of the new phase of our Silivri underground storage facility. Our investments will continue until we bring our country to the safest level in the field of natural gas exploration and operation, as well as storage. In the short and medium term, global energy We will continue to take every precaution to ensure that the problems caused by the crisis in Europe that will slow down our development goals in the long run do not occur in our country.”

Turkey Century Noting that they presented a vision for the future to our nation, President Erdoğan said, “We have shared with the public our goals to bring our country to a level that can compete with the world in every field. We plan to realize this great breakthrough on the infrastructure of works and services we have, by working hard and working hard over the past 20 years. We are entering a new period in which we will start to reap the fruits of our efforts that we have spent on centuries-old works and raise our country to the top. When we came to the government, there was a Turkey that was stuck in vicious calculations, conflicts, fights and crises. We were almost wasting our strategic, human and natural potential in this painful picture. We rescued our country from this vortex by turning Turkey’s direction back to a climate of trust and stability. As in every period, we have continuously grown our economy with huge investments that some people insistently try to trivialize. It supports investment, employment, production and exports. We have reflected this growth on the lives of all 85 million people through the additional current account surplus. We have strengthened our struggle against the political, social and economic attacks we have been exposed to in the recent period by making our economic program stronger and more determined. Energy, which is one of the main elements of development, has always been the priority topic of infrastructure projects. Today, Turkey is the country that offers the world’s 17th largest energy supply to its citizens and industry. We have 160 million tons of oil equivalent energy supply, of which we use about a quarter of it in housing, a quarter of it in industry, a quarter of it in the energy sector itself, and a fifth of it in transportation. Its financial value, which will approach $51 billion in 2021, will reach $81 billion this year. Although we have brought our domestic and renewable installed power to 65 percent, we still have a serious dependence on foreign energy,” he said.

Stating that it is not possible to raise our country to the level of development we desire without meeting the needs of both residences, industry and electricity production facilities in natural gas, President Erdoğan said, “This week TurkmenistanWe were at We held our meetings to carry out both natural gas and energy transfer from Turkmenistan to our country. We had a triple summit. Turkey, Azerbaijan And after a successful summit as Turkmenistan, thank God, we have demonstrated our determination among us.”

Noting that they expanded the natural gas used in 57 settlements in only 5 provinces to our 703 settlements in 81 provinces when we came to the government, President Recep Tayyip Erdoğan said, “We have provided natural gas to nearly 85% of our population. We have discovered the largest natural gas reserve of our country, measuring cubic meters. We are carrying out a feverish construction activity to transfer this natural gas to our national grid. At the same time, we are working to share the good news of new discoveries with our nation. A similar development is taking place in the field of oil exploration and production. Both are conducting new drillings, “We are bringing the old wells back into production by controlling them again. We will increase our daily oil production to 100 thousand barrels as soon as possible, and then we will continue on our way for greater exploration and production.”

Stating that they are shipping 18.5 billion cubic meters of gas to Europe with the Turkish current project, President Erdoğan said, “Another result of all these developments is that our country is one of the world’s leading energy trade centers with its 4 LNG facilities, 2 of which are floating, 15 entry points and other advantages. with the TurkStream project. Bulgaria, GreeceNorth Macedonia, RomaniaBosnia and Herzegovina, Serbia ve HungaryWe provide gas flow to . Today, we have shipped 18.5 billion cubic meters of gas to Europe. Our LNG investments and gas storage facilities are developments that have positive effects on our energy trade as well as ensuring the supply of our country. When we put our LNG facility in Saros into service, we will come to a much stronger position in this area. Our aim is to transform our country into a global center where the natural gas reference price is determined as soon as possible. We had important meetings with my dear friend Putin on this subject, and we are taking steps. Thus, Thrace will become a hub in natural gas and energy,” he said.

Noting that they are working on this issue together with our energy partners in the region, President Erdoğan said, “When we add nuclear power energy, which is still under a 20 billion dollar investment, to this table, we will rise to a completely different level in energy. Middle Asia ve MediterrenianAfter the new developments in Turkey, this feature of our country will be strengthened even more. Turkey’s Libya Behind the inconveniences caused by the agreement with the company is the fact that every investment in the energy field has a depth of half a century, a century. By expanding our political and diplomatic partner network on the basis of common economic interests, we are making great efforts to achieve new gains in energy along with other fields. We determine our strategies and steps by taking into account the effects of each investment and achievement in this field that will continue for generations. Undoubtedly, we have come to this point with the strong support we received from our nation, overcoming the efforts to prevent our country’s breakthroughs. We know very well the motives behind the sabotage of each of our projects. We are aware of which lobbies support the mines laid in front of us with excuses such as environmentalism. The level we have reached has not only brought us closer to our 2023 goals, but it has also been enough to provide us with the opportunity we need for the vision of Turkey. In the coming period, we will walk more determinedly and stronger towards our goals,” he said.

Noting that they have determined our energy vision to reduce our foreign dependency from 71 percent to 13 percent in 2053, President Erdogan said, “We plan our targets accordingly. All global agreements, especially efforts to combat climate change, are included in this vision. We will encourage Turkey with new projects.” We will advance step by step to the place we deserve among the top 10 countries of the world by bringing together new investments, new excitements and new joys. Those who dealt with us yesterday are coming to our door for cooperation today. We are sure that those who are still dealing with us today will need our friendship tomorrow. “We will always protect our principled, fair, just and compassionate stance that we have taken from our country and our history. We believe in the calculation above all calculations. We continue to prepare our nation for the Century of Turkey.”

At the end of his speech, President Erdoğan, together with the attendees, said, “One nation, one flag, one homeland, one state, we will be one, we will be big, we will be alive, we will be brothers, we will all be Turkey together.” – ISTANBUL

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