logo
Turkiye Discovers 75 bcm Natural Gas Reserve In Black Sea

Turkiye Discovers 75 bcm Natural Gas Reserve In Black Sea

Barnama17-05-2025

ISTANBUL, May 17 (Bernama-Anadolu) - Turkiye has discovered a new natural gas reserve of 75 billion cubic metres (bcm) in the Black Sea, President Recep Tayyip Erdogan announced on Saturday, Anadolu Ajansi reported.
"We have discovered a new natural gas reserve of 75 billion cubic metres in the field. With this amount, we will be able to meet residential demand alone for approximately 3.5 years," Erdogan said during his speech at the opening of the Istanbul Physical Therapy and Rehabilitation Training and Research Hospital.
"Our work at the Goktepe-3 well (in the Black Sea), which began on March 27 with our seventh-generation drilling ship Abdulhamid Han, was completed as of yesterday," he added.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Syndicate using courier services to transport subsidised cooking oil busted
Syndicate using courier services to transport subsidised cooking oil busted

New Straits Times

time3 hours ago

  • New Straits Times

Syndicate using courier services to transport subsidised cooking oil busted

BUTTERWORTH: The Domestic Trade and Cost of Living Ministry has exposed a new tactic in misappropriating subsidised cooking oil packs using courier services following a raid on a warehouse in Kampung Sungai Puyu here today. Its Penang branch director S. Jegan said 14,380 packets of 1kg subsidised cooking oil packs were seized from the warehouse, along with a lorry and other documents, with a total value of RM204,500. "Preliminary investigations found that the wholesaler used courier services to send the packs in large quantities to an address in Perlis while the packs were brought to the courier warehouse in a lorry in deliveries of twice a month," he told reporters at a media conference at the location of the raid. A man, 60, who was the driver of the lorry was arrested after he failed to provide any license, permit or documents to conduct business, to store or use the controlled item. The case is being investigated under the Control of Supplies Act 1961, he added. – Bernama

Zambry urges scholarship providers to diversify student placements beyond US
Zambry urges scholarship providers to diversify student placements beyond US

New Straits Times

time3 hours ago

  • New Straits Times

Zambry urges scholarship providers to diversify student placements beyond US

PUTRAJAYA: Local scholarship providers have been urged to make immediate decisions regarding placing their sponsored students in countries other than the United States (US), following the impact of new tariff policies introduced by the country. Higher Education Minister Datuk Seri Dr Zambry Abdul Kadir said Malaysia had many high-achieving students qualified to pursue studies in the world's best universities, not exclusively in the US. "We can no longer be trapped by policies that are too regressive in nature, to the extent of jeopardising opportunities for students from all over the world, including Malaysia, to study. "For me, the best universities are also available in other countries," he said when met at the 'Luncheon Talk With Editors' session in conjunction with the Asean-Malaysia Chairmanship 2025 Programme, organised by the Higher Education Ministry, here today. He was commenting on the impact of new US tariff policies on Malaysian students pursuing studies there. Previously, the Trump administration issued directives to halt the processing of visas for all foreign students and considered measures to screen new applicants based on their social media posts. Mara chairman Datuk Asyraf Wajdi Dusuki was reportedly quoted as saying that Mara would stop sending its sponsored students to the US starting this year, following the introduction of President Donald Trump's new policies. – BERNAMA

PM Anwar: Madani govt committed to reforms, but needs time
PM Anwar: Madani govt committed to reforms, but needs time

Borneo Post

time6 hours ago

  • Borneo Post

PM Anwar: Madani govt committed to reforms, but needs time

Anwar said there are those who are impatient and want reforms fast, but they are 'blinded to the facts and reality.' – Bernama photo KUALA LUMPUR (June 10): Prime Minister Datuk Seri Anwar Ibrahim says the Madani unity government is deeply committed to tackling corruption and abuse of power but the reforms to combat these menaces will take time to materialise. 'There's no turning back. What I am certain is that every month and every year there must be some progression in addressing these issues,' he said. Anwar, who is also Finance Minister, said there are those who are impatient and want reforms fast, but they are 'blinded to the facts and reality.' He said there must be wisdom (hikmah) in the way the Madani government goes about undertaking such reforms. He cited how Pakatan Harapan does not even have a simple majority in Parliament, which is why as a coalition government, 'we have to work together.' 'And we are fortunate, because Umno and Barisan Nasional have now turned to be one of the core pillars committed to this reform and support,' he said in his keynote address at the launch of the Centre of Excellence for Research and Innovation in Islamic Economics (i-RISE) here today. 'But you can't take things for granted, because the process of negotiations, discussions and engagement is important,' he said. He said it is vital to work gradually and get the consensus between the key parties including those from Sabah and Sarawak. He also highlighted that proper governance is essential to ensure economic growth and progress whether a country practices Islamic or conventional banking or both banking systems like in Malaysia. He said that there should be sustainability and clarity in a country's macroeconomic policies and in governance which promotes development but avoids financial leakages and endemic corruption. 'Almost without exception, Muslim countries are not poor, but the poverty is because of the tendency to either condone and use power and privilege to squander wealth,' he said. He also lamented over gender poverty in Muslim countries, but said Malaysia is fortunate as the problem is relatively absent. He said that the Madani unity government remains committed to support studies and research and allow Islamic economics and Islamic instruments to be practiced, supported and expanded. To this end, he called on bankers, academicians, intellectuals, scholars, professionals and Islamic scholars 'not to ignore the importance of what proper and good governance entails' when undertaking reforms in related disciplines. 'Through good governance with clear policies and instruments, institutions must protect the system from excesses,' said Anwar. In this way, the country would grow and possess the capacity to attract foreign direct investments and penetrate new markets as a trading nation. He described the global halal industry as having massive potential of up to US$3 trillion (US$1 = RM4.23), but said this means nothing if 'you don't engage, penetrate and expand into new markets.' On an encouraging note, he said, Malaysia has emerged as a major centre of halal certification envied by other countries wanting to learn and share its expertise, which in the process would help develop linkages with halal ventures globally. – Bernama anwar ibrahim madani government reforms

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store