https://www.gatestoneinstitute.org/16432/turkey-gas-discovery
“Turkey’s never-ending military challenge against world powers in seas and land” makes for hundreds of stories of Turkish heroism in the media, which is largely controlled by Erdoğan and his business cronies.
Now comes the promise of tens of billions of gas-dollars from the Turkish merchant of dreams. Experts say production at the Black Sea field could start in 7-10 years, at best. Erdoğan has promised 2023 for production. In that election year, Turkish voters may question the availability of natural gas, or, more realistically, they may ask Erdoğan why they are still paying high gas bills to heat their homes.
Turkey’s economy minister, Berat Albayrak, has said that the discovery of a large natural gas field off Turkey’s Black Sea coast will change Turkey’s [political] axis. “Neither the West, nor the East, Turkey’s new axis is Turkey,” said Albayrak, Turkish President Recep Tayyip Erdoğan’s son-in-law. The discovery, at an estimated 320 billion cubic meters (bcm) of deep sea gas, marks a historic day for Turkey, Erdoğan said, the beginning of a new era.
Erdoğan announced that production at the site could start by 2023 — when Turks will go to ballot box for presidential and parliamentary elections. Officials in Ankara hopes the discovery will meet Turkey’s natural gas needs for 7-8 years, and earn the national economy $65 billion.
There is unprecedented euphoria in the pro-Erdoğan media. There is massive propaganda talk of “a Turkish moment,” of “Turkey on the way to becoming a global power.” All this is understandable in a country with a per capita GDP of barely $9,000, an ailing economy and a plunging national currency — and in need of epic stories to keep voters within the realm of hope. How much of this newfound Turkish hope is fact-based? Could the “Turkish moment” really be coming? Will Turkey be a global power with 320 bcm of natural gas? There are a number of reasons to be cautious about the Turkish optimism.
Hydrocarbon discoveries in the shape of “breaking news” have been part of Erdogan’s propaganda machinery since 2004. “This is the ninth discovery since then… I was hoping for them to discover ready-to-use gasoline this time,” joked columnist Yılmaz Özdil.