1. Home page
  2. Breaking News

Turkey Oil Discovery: 20 Billion Barrels Found Off Somalia

Turkey Oil Discovery: 20 Billion Barrels Found Off Somalia
0
Ad

Turkey Oil Discovery: 20 Billion Barrels Found Off Somalia

**Turkey has made a major breakthrough in its energy sector with the discovery of an estimated 20 billion barrels of oil located off the coast of Somalia.** This significant find, reported by official sources, was detected by the Oruc Reis, a Turkish seismic research vessel that has been conducting offshore explorations in the area. The oil reserves have been identified across three different exploration blocks, with two of them confirmed to contain around 10 billion barrels each. The third block is still undergoing examination, hinting at the potential for even more substantial discoveries in the future.

The implications of this discovery are far-reaching for Turkey, as it aims to enhance its strategic energy interests in Africa. This development not only solidifies Turkey’s position as a player in the African energy market but also strengthens its diplomatic ties with Somalia. Both nations have expressed a commitment to move forward with detailed feasibility studies and engage in negotiations regarding the possible extraction and development of these oil reserves.

Ad

Ad
Share

Your email address will not be published. Required fields are marked *