Sakarya Phase 2 Gas Field (Türkiye)

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Sakarya Phase 2 Gas Field is a discovered gas field in Türkiye.

Along with Sakarya Phase 1 Gas Field (Türkiye), Sakarya Phase 2 is a part of the Sakarya complex.

Project Details

Main Data

Table 1: Field-level project details for Sakarya Phase 2 Gas Field

*Final Investment Decision
Unit name Status Operator Owner Discovery year FID* year Production start year
Sakarya Phase 2 Discovered[1][2] TPAO[1] TPAO (100.0%)[1] 2020[3][4] 2023[5] 2027 (expected)[2]

Production and Reserves

Table 2: Production from Sakarya Phase 2 Gas Field

million m³/y = million cubic meters per year
Category Fuel Description Quantity Units Data Year Source
production design capacity gas 10500 million m³/y 2028 [1][2]

Location

Table 3: field-level location details for Sakarya Phase 2 Gas Field

Concession/Block Location Coordinates (WGS 84)
Block AR/TPO/KD/C26-C27-D26-D27[6] Offshore, Türkiye[7][2] 42.7511, 31.2634 (exact)[7][2]

The map below shows the exact location of the field(s) within the Sakarya complex:

Loading map...

Background

The field was discovered in 2020.[8] It has been called the "biggest discovery in the Black Sea."[9] Turkey expects gas production to begin in 2023.[10] Access to gas deposits in the Black Sea will enhance Turkey’s negotiating position with Russia over the import of Russian natural gas.[11]

However, according to WoodMackenzie researcher Thomas Purdie, the Black Sea has a unique morphology. “It’s U-shaped, meaning shallow coastline turns to ultra-deep water rapidly,” he said. “The basin center is deep, cold, and highly anoxic. These harsh, challenging conditions require specialist experience, not currently at TPAOs disposal. The Sakarya development will almost be at the deepest limits of the Black Sea. This is an ultra-harsh environment.”[12]

A March 2023 report described the project as "under development now and due to start commercial production in 2024" with production extending through 2057.[9] The Italian export credit agency(SACE) and Export Finance Norway (Eksfin) were "considering financing for the project" as of March 2023. [9]

Carbon Emissions

Articles and Resources

Additional data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 1.2 1.3 (PDF) https://web.archive.org/web/20230316204840/https://tp-otc.com/wp-content/uploads/2022/11/Sakarya-Gas-Field-Development-Project-Non-Technical-Summary.pdf. Archived from the original (PDF) on 16 March 2023. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 2.2 2.3 2.4 https://web.archive.org/web/20240223003257/https://www.spglobal.com/commodityinsights/en/ci/research-analysis/can-sakarya-pave-the-way-for-turkeys-gas-independence.html. Archived from the original on 23 February 2024. {{cite web}}: Missing or empty |title= (help)
  3. https://web.archive.org/web/20211021041313/https://www.geoexpro.com/articles/2020/10/major-gas-discovery-offshore-turkey. Archived from the original on 21 October 2021. {{cite web}}: Missing or empty |title= (help)
  4. (PDF) https://web.archive.org/web/20230322035730/https://a9w7k6q9.stackpathcdn.com/wpcms/wp-content/uploads/2022/12/South-East-Europe-gas-markets-NG-177.pdf. Archived from the original (PDF) on 22 March 2023. {{cite web}}: Missing or empty |title= (help)
  5. https://web.archive.org/web/20240223003336/https://www.offshore-mag.com/field-development/article/14303860/westwood-global-energy-group-nearly-90-greenfield-brownfield-project-fids-expected-this-year. Archived from the original on 23 February 2024. {{cite web}}: Missing or empty |title= (help)
  6. https://web.archive.org/web/20210625133456/https://www.oilandgas360.com/turkey-raises-tuna-1-gas-discovery-reserves-to-405-bcm/. Archived from the original on 25 June 2021. {{cite web}}: Missing or empty |title= (help)
  7. 7.0 7.1 https://web.archive.org/web/20211021171149/https://www.trtworld.com/turkey/turkey-finds-natural-gas-reserve-of-320-billion-cubic-metres-off-black-sea-39078. Archived from the original on 21 October 2021. {{cite web}}: Missing or empty |title= (help)
  8. "Corporate Business Plan" (PDF). Trillion Energy. October 2020.{{cite web}}: CS1 maint: url-status (link)
  9. 9.0 9.1 9.2 McGibbon, Adam (March 2023). "Promise Breakers: Assessing the impact of compliance with the Glasgow Statement commitment to end international public finance for fossil fuels" (PDF). Oil Change International. Archived (PDF) from the original on March 16, 2023. Retrieved March 16, 2023.
  10. Shirkhani, Nassir (October 18, 2020). "Turkey increases Tuna-1 gas catch to 14.3 trillion cubic feet | Upstream Online". Upstream Online.{{cite web}}: CS1 maint: url-status (link)
  11. Bechev, Dimitar (August 28, 2020). "Turkey's Plans to Become a Regional Energy Giant Just Got a Boost". Foreign Policy.{{cite web}}: CS1 maint: url-status (link)
  12. "Turkey's gas find in the Black Sea: How big is this Tuna?". Atlantic Council. September 14, 2020.{{cite web}}: CS1 maint: url-status (link)