Black Sea increasingly becomes strategic area

Discussion in 'General Global Topics' started by ekrem, Feb 3, 2011.

  1. ekrem
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    ekrem VIP Member

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    Shatsky Ridge Exploration zone
    Russia, ExxonMobil seal $1bn Black Sea oil deal
    Russia, ExxonMobil seal $1bn Black Sea oil deal | EurActiv

    The deal with Exxon is for an area of 8.600 kmĀ² (Shatsky Ridge).
    Rosneft (State Oil Company) says, that there are proven reserves of 860 million tons in this exploration area.


    Tuapse stretch Exploration zone
    In another exploration area of Russia's Black Sea (Tuapse stretch) there is 4.32 billion barrels of Oil.
    Russia, ExxonMobil seal $1bn Black Sea oil deal | EurActiv


    Val Shatskogo Exploration zone
    Here, Rosneft is partnering with Chevron.
    Russian Energy Minister says, that possible investments in this exploration area amount to 32 Billion $.

    AFP: Rosneft, Chevron to explore Black Sea for oil

    ____________________________________________
    Unfortunately, I can't find maps that give clear indications of the exploration areas. I can't say, if above 3 mentioned exploration areas fill all of Russia's share of the Black Sea.

    Maps like these:

    [​IMG]

    The above map shows Turkey's share of Black Sea.
    Just like in case of Russia, Chevron and Exxon are also involved in exploration in Turkey's share of Black Sea.
    It's real 'big players' entering Black Sea and investing.

    The Oil rig 'Leiv Eriksson' is already drilling in Turkish Black Sea.
    It is one of the largest ultra-deepwater rigs.
    http://www.ocean-rig.com/stream_file.asp?iEntityId=335

    For 1.5 Billion $ we have ordered another rig to be constructed.
    Turkey's new oil rig to arrive in 2011 - Hurriyet Daily News and Economic Review


    I don't know how much $ the 3 big International Oil companies have already invested, but Turkish Petroleum has already invested 4 Billion $ in the Black Sea.
    TPAO's investments in Black Sea reach $4 billion - Hurriyet Daily News and Economic Review

    In the next 3 years, Turkish Petroleum will invest another 4 Billion $ in Black Sea.
    http://www.todayszaman.com/news-222...-billion-over-3-years-in-oil-exploration.html


    We estimate, that there is 10 billion barrels oil and 3 trillion cubic meters gas in Turkish Black Sea.
    TPAO's investments in Black Sea reach $4 billion - Hurriyet Daily News and Economic Review

    We aim to be energy-independent by 2023.
    TPAO aims to end Turkish dependence on foreign energy - Hurriyet Daily News and Economic Review
     
  2. ekrem
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    ekrem VIP Member

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    The next tender we will invite International companies will be in Mediteranean.
    It is the Antalya Exploration zone marked green.
    Turkish Petroleum has already layed the pipeline network, and has 10.000 km 2D and 1.000 km2 3D seismic data of this area.

    Estimates range to 15 Trillion cubic feet of gas.

    http://www.tpao.gov.tr/v1.4/condocs/2011/EMEDAntalya.pdf

    [​IMG]
     
  3. ekrem
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  4. ekrem
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  5. uscitizen
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    uscitizen Senior Member

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    Amazing! If there is oil it becomes strategic.
     
  6. ekrem
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  7. ekrem
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    ekrem VIP Member

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    Also 15,000 more vessels then the Suez Canal according to that Link.
     
  8. ekrem
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    And of course according to some oil and such has had nothing to do with our involvement in Afganistan ;)
     
  10. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    The Black Sea has been extremely strategic since the age of Justinian, if not before.
     

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