EU gas output to jump by 25% on Turkish discovery

EU gas output to jump by 25% on Turkish discovery
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Updated 27 September 2021

EU gas output to jump by 25% on Turkish discovery

EU gas output to jump by 25% on Turkish discovery
  • The natural gas field will provide nearly a third of Turkey’s domestic needs by 2027

The European Union will see its gas production capacity increase by 25 percent with a new Turkish discovery in the Black Sea, Bloomberg reported.

The natural gas field will provide nearly a third of Turkey’s domestic needs by 2027, Bloomberg added, citing Energy Minister Fatih Donmez.

The initial production from the new field will be 3.5 billion cubic meters of gas annually starting from 2023, Donmez told Bloomberg.