Turkey discovers large natural gas reserve off Black Sea coast

News Network
August 21, 2020

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Ankara, Aug 21: Turkish President Recep Tayyip Erdogan has announced the discovery of a large natural gas reserves off the Black Sea coast, days after he promised a good news that would usher in a for the energy dependent country.

Erdogan said on Friday that the amount of gas discovered is 320 billion cubic meters, adding that he hopes to start extracting and using the gas by 2023.

If confirmed as recoverable resources, the reserves could ease the country''s dependence on costly energy imports and could ease the financial market jitters that have seen the country''s currency plummet to record lows this summer.

The Turkish drilling ship, Fatih, had been carrying out exploration operations in the Tuna-1 sector in the western Black Sea for the past month. The sector is near where Romania has also found gas reserves.

The discovery comes as tensions between NATO allies Turkey and Greece are running high over oil and gas exploration in disputed waters in the eastern Mediterranean.

Greek and Turkish warships have been shadowing each other after Turkey sent a research ship to look for potential undersea oil and gas deposits. The Turkish ship is scheduled to search for energy reserves there until August 23.

Separately, Turkey is also at odd with Cyprus over energy exploration around the island. It has dispatched warship-escorted vessels off Cyprus''s coast to drill for gas, insisting that it''s acting to protect its interests and those of Turkish Cypriots to the area''s natural resources.

The Greek Cypriot government of the ethnically split island has slammed Turkey for encroaching in its waters and economic rights.

The discovery of the natural gas reserve would come as a welcome respite for the country which is dependent on Iran, Iraq and Russia for its energy and is grappling with economic woes. Last year, energy imports cost the country USD 41 billion.

The Turkish lira has tumbled to record lows this months, fueled by high inflation, a wide current account deficit and the Turkish government''s push for cheap credit to drive an economy that was already fragile before the COVID-19 pandemic hit.

The currency however, recovered some losses following reports of the discovery of gas deposits. 

Comments

kushal kumar
 - 
Saturday, 22 Aug 2020

According to news reports , Greece and Egypt signed a deal on 6 August 2020 , to set up a maritime zone in the eastern Mediterranean for exploring energy resources. This seems to have enraged Turkey which is reported to have sent on 10 August 2020 its drilling ship to the disputed territory in the eastern Mediterranean sea for exploration of energy resources. Amid high tensions , Greece is reported to have brought their grievance to Foreign Affairs Council in the EU for appropriate solution. The news reports also suggest that Greece has also moved its naval fleet to the eastern Mediterranean , seeking , direct or indirect , support of Israel , the US and EU. France has already deployed some ships and military jets in the affected area. Later news reports on 21 August 2020 claim that Turkey has discovered large natural gas reserve off Black Sea. It can be reasonably believed that the discovery of gas reserves may have taken shape on 19 or 20 August , the dates predicted as something historic , something rare by this writer on 20 July , 2020. Besides , latest developments of strategic nature having military angle have shaped up on or around 19 August , 2020 , when the U.S. warship , the USS Hershel Woody Williams , is reported to have arrived in the Greek Island of Crete , on a mission to keep an eye on escalating tensions between NATO allies Greek and Turkey over energy resources rights in the eastern Mediterranean sea. The said U.S. warship is reported to have joined other vessels from the European Union and Russia in the region , where Ankara and Athens are locked in the dispute over territorial waters.

It is , however, noteworthy that these developments having war-like tension in the region have taken shape during the period alerted by this Vedic astrology writer on 20 July 2020 , through article -“ Planetary configuration in August-September 2020 suggest something historic , something rare” - published at nirpakhawaaz.com on 20 July 2020. This writer had sought to alert by predicting that months of August and September in 2020 looked to be presenting something historic , something rare amid war-like situations or enterprise across vulnerable countries in the world. The planetary impacts during these two months can be read to imply a mini- WW3 or could have potential of a full-fledged WW3. It may also be observed from the said article that 10 August 2020 was particularly included in the list of dates calling for attention on matters loaded with potential to mini - war or even something like WW3. http://www.nirpakhawaaz.com/2020/07/20/planetary-configuration-in-august-september-2020-suggest-something-historic-something-rare/
In the said article of 20 July 2020 , the dates 10 , 11 , 19 , 20 , 27 , 28 and 29 in August 2020 closely relevant to the alerts for more attention and appropriate strategy , were indicated.
Similarly dates 6 to 8 , 15 to 17 and 24 to 25 in September 2020 were mentioned as precisely relevant.

There is another predictive article of this writer becoming relevant to the ongoing tensions during August 2020 between Greece and Turkey in the eastern Mediterranean sea. This writer’s predictive alerts of 11 November 2019 for the U.S. were published in article - “ Astrological predictive alerts for 2020” - at wisdom-magazine.com/Article.aspx/5176/ on 1 January 2020. As predicted in the said article , the US has been called upon around mid-2020 to address an issue in the Mediterranean sea having oil-gas , which goes to confirm accuracy and meaningfulness of the following:-
“ 3. The months of April to June , particularly May-June or later in 2020 , look to be trending into the scene some serious landscapes. There could be some war or war-like conditions across the world , WHICH THE US MAY BE CALLED UPON TO ADDRESS. SEA OR OIL REGIONS OR SUCH STUFF SEEMS TO BE CALLING ATTENTION”.

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News Network
October 4,2024

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Powerful blasts rocked Beirut overnight in some of the heaviest Israeli strikes on the capital of Lebanon so far as the Lebanese Health Ministry reports dozens killed and over 150 wounded in bombing attacks across the country in the past 24 hours.

Israel launched several waves of airstrikes on Beirut’s southern neighborhood of Dahiyeh on Thursday.

The regime used powerful bunker-buster bombs in its latest attacks, whose number was more than a dozen.

Several civilian buildings were the main goals of the regime’s latest strikes.

Reports indicate that more bombs were used in the latest attacks compared to the strike that killed the leader of the Hezbollah resistance movement, Sayyed Hassan Nasrallah, last Friday.

The attacks also hit the vicinity of Beirut International Airport.

Israel’s strikes also targeted several other locations, including Hezbollah’s media relations office and a warehouse near the Beirut airport.

A source close to Hezbollah said Israel had conducted 11 consecutive strikes in south Beirut on Thursday night.

AFP correspondents in the Lebanese capital heard loud bangs that made car alarms go off and buildings shake.

"Israel struck the southern suburbs 11 consecutive times," the source said on the condition of anonymity.

Giant balls of flame rose from the targeted site with thick smoke billowing and flares shooting out.

Lebanon's official National News Agency (NNA) said that "more than 10 consecutive strikes have been recorded so far, in one of the strongest raids on the southern suburbs of Beirut since the start of the Israeli war on Lebanon."

The strikes echoed to mountain regions outside Beirut, the NNA said.

Earlier Thursday, the Israeli army issued an “urgent warning” to the residents of the south Beirut area of Burj al-Barajneh to evacuate along with maps of the area.

“You are located near Hezbollah facilities and interests, against which the [Israeli army] will operate in the near future,” its official Arabic language spokesperson posted on X.

The death toll from Israeli aerial assaults across Lebanon since early October 2023 has passed the 1,700 mark with nearly 8,770 injured, according to Lebanese government data.

In response, Hezbollah has fired barrages of rockets and drones towards Israeli targets.

Hezbollah has been responding to the aggression with numerous retaliatory operations, including with hypersonic ballistic missiles, targeting the occupied Palestinian territories.

The Lebanese resistance movement has vowed to keep up its operations against Israel as long as the Israeli regime continues its Gaza war, which has so far killed more than 41,780 Palestinians, mostly women and children.

The qualitative strikes of Hezbollah have so far thwarted any hostile "Israeli" advance into Lebanese territory.

Hezbollah said in a statement that at least 17 Israeli troops have been killed since the regime launched its incursion into southern Lebanon.

Since dawn on Thursday, the Lebanese resistance fighters have been repelling every attempt by the Israeli elite forces to advance on multiple fronts in southern Lebanon, inflicting heavy losses in equipment and personnel.

A Lebanese political analyst recently praised Hezbollah’s operational capabilities, warning that Israeli forces will become "sitting ducks" for the Lebanese resistance group should they attempt a ground invasion of southern Lebanon.

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News Network
October 2,2024

Yemeni Armed Forces have launched a series of attacks on Israeli military positions deep inside the occupied territories, in solidarity with Palestinian and Lebanese people amid the Tel Aviv regime’s ongoing offensives in the Gaza Strip and across Lebanon.

Delivering a televised statement broadcast live from the capital Sana’a on Wednesday morning, Yemen’s military spokesman Brigadier General Yahya Saree said the country’s missile units had fired three domestically-developed Quds-5 cruise missiles at the strategic installations.

He added that the missiles managed to strike the designated targets precisely, despite the Zionist regime’s attempts to conceal the losses it sustained in the aftermath of the missile attack.

Saree also hailed the Islamic Republic of Iran’s retaliatory attack, dubbed Operation True Promise II, against Israel, stressing that Yemeni Armed Forces are prepared to participate in any joint military operation against the Zionist enemy in support of the Palestinian and Lebanese nations, and in response to Israeli atrocities.

“The continued US and British support for the Israeli enemy will put their interests in the region in jeopardy. Yemeni Armed Forces will not hesitate to expand their military operations against the Zionist enemy and its sponsors until the ongoing aggression against Gaza stops, the siege on the coastal territory is completely lifted, and the attacks on Lebanon come to an end,” he pointed out.

Yemenis have declared their open support for Palestine’s struggle against the Israeli occupation since the regime launched a devastating war on Gaza on October 7, 2023, after the territory’s Palestinian resistance movements carried out surprise Operation Al-Aqsa Storm against the occupying entity.

The Yemeni Armed Forces have said they will not stop their attacks until unrelenting Israeli ground and aerial offensives in Gaza end.

So far, Israel has killed at least 41,638 Palestinians, mostly women and children, and injured 96,460 others in Gaza.

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News Network
October 2,2024

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Sirens sounded all over the occupied territories on Tuesday night as Iran launched hundreds of missiles towards the Zionist entity, in a retaliatory attack dubbed Operation True Promise II. 

Meanwhile, Israeli officials have promised to respond after Iran fired a barrage of ballistic missiles at key military and security targets in Israel.

Flares and missiles were seen in the Tel Aviv sky and explosions could be heard in the occupied al-Quds, sending Zionist settlers fleeing into shelters.

The Israel Airports Authority said that no aircraft will be allowed to take off or arrive at all Israeli airports. Israeli newspaper Haaretz reported “direct hits” in Negev, Sharon and other locations from Iran’s attack.

The Islamic Revolution Guards Corps (IRGC) issued a statement shortly after the missile attack began.

It said in response to the martyrdom of Hamas chief Ismail Haniyah, Hezbollah leader Sayyed Hassan Nasrallah, and IRGC commander Abbas Nilforoushan, the IRGC Aerospace Force launched dozens of ballistic missiles targeting key military and intelligence bases in the heart of the occupied territories.

The IRGC further said that the attack was in line with the country’s right to legitimate self-defense as per the United Nations Charter, and in response to the regime's escalating crimes—backed by the United States—against the people of Lebanon and Gaza.

The Zionist regime will face more crushing attacks in case it reacts to Iran’s operation, the IRGC added.

In a follow-up statement, the IRGC said three Israeli military bases in Tel Aviv were hit during the operation.

In this operation, a number of air and radar bases, as well as centers for conspiracy and assassination planning against resistance leaders and IRGC commanders were targeted, the statement said.

The IRGC noted that even though the designated areas were shielded by advanced defense systems, 90% of the missiles shot successfully hit their targets.

“The Zionist regime has been terrified by the intelligence and operational dominance of the Islamic Republic,” it added.

The Iranian mission to the United Nations said in a statement that the missile attack was a “legal, rational, and legitimate” response to the terrorist acts of the Zionist regime.

It also warned the Israeli regime that a more “crushing” response would ensue should it dare to respond or commit further acts of malevolence.

Celebratory gunfire erupted in southern Beirut, where Hezbollah chief Nasrallah was killed in a massive Israeli airstrike last week, following Iran’s retaliatory attack.

“Heavy gunfire heard from automatic weapons from areas of the southern suburbs, rejoicing in the missile launch from Iran towards Israel,” Lebanon’s National News Agency said.

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