Discovery
Turkey discovered the natural gas in black sea in the region of exclusive economic zone of Turkey and it has been undisputed water body so the other participants haven't made any claim regarding the discovery. around 350 Cubic million liters of natural gas was found that will sufficiently be enough to make turkey independent in terms of natural gas from iran, belarus and russia. the gas was discovered well enough for turkey to use it for the next ten years, conclusively.
After the discovery of it the turkey seemed to have changed its foreign policy drastically as it she need no longer to import gas from other exporter which increased the importing of turkey. it may have been indeed the unfortune news for iran, Belarus and Turkey as these countries export their natural gas to turkey as it remained good for their economy.
turkey can easily use it upto ten years owning to domestic demand. it estimated worth 65$ billion which will definitely be proved to be boost for Turkey's economy, lira, currency of turkey, appreciate around one percent due to it's own usage of natural gas rather than exporting it in exchange of dollers.
Although the population of turkey roughly around eight crore but their rate of consumption of usage of natural gas and petroleum product has huge as compare to other countries. if it discovered in Pakistan, Pakistan could easily use it for next fifty years given its consumption rate.
How it will impact the relation of pak and turkey?
as we know the relation between turkey and saudi arabia are soaring up over issue of holding up the leadership of Muslim ummah. both countries seek the leadership but saudi arabia remain reluctant to step back with it's position as has been a de facto leader of OIC. Pakistan has been seemed influenced by turkey and approaching its ambit as turkey remained supportive over the issue of kashmir. relation of saudi arabia and pakistan has deteriorated after foreign minister statement about the saudia was not that supportive on kashmir issue as it should be and he also warned to saudi arabia whether it not capable to criticise india he was compelled to tell pm to organize new Islamic block with turkey, iran, malaysia.
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