Minister Bayraktar, who met with the board of directors and members of the chamber of commerce in Adana, made evaluations about the energy policies that will be implemented in the Turkey Century. Bayraktar stated that Turkey needs to produce more value-added products and reduce its foreign dependency in energy in order to solve the current account deficit problem and said, "We are working with the aim of absolutely ending foreign dependency in the field of energy and natural resources in the next 30 years in the Turkey Century." said.
Reminding that Turkey's energy needs are growing, Bayraktar said, “We predict that the demand in Turkey will continue to increase in the coming period until the 2040s. Our per capita electricity consumption is approximately 4 thousand kilowatt hours. Therefore, our demand is increasing. “We are also trying to reduce our dependence on foreign sources.” he said.
Strategies in Equation
Bayraktar noted that they have put forward some strategies, especially renewable energy, in this equation and said, “Turkey must definitely include its domestic and renewable resources, including our domestic coal. Our second important priority is energy efficiency. In other words, while Turkey continues to increase its demand by importing so much energy, it must use its energy efficiently.” said.
Energy Transformation
Emphasizing that another factor here is energy transformation, Bayraktar said, “As the trend towards greener resources continues, we know that oil and natural gas will definitely continue to have a place in economies in the coming decades. Therefore, since these will not be reset in one day, Turkey must find its own oil and natural gas.” he said.
Searches Will Be Accelerated
In this context, Bayraktar said that they made the largest natural gas discovery in the history of the Republic in the Black Sea in August 2020 and said, “Some of the gas currently used in our homes is produced as our own gas in the Black Sea. This is of course just the beginning. As of today, we have reached a production figure of 3,7 million cubic meters. "In 2024, we will accelerate exploration in three locations, especially in the Black Sea." said.
Best Quality Oil
Stating that they found Turkey's highest quality oil in Gabar, whose name is associated with terrorism, in 2021, Bayraktar said, “We found oil there, with a quality of approximately 38 to 42 API, at a level that we can almost say put it in your car and walk. A serious reserve. We increased our daily production to 37 thousand barrels per day in a very short time. “The target there is to hopefully reach 100 thousand barrels per day.” he said.
