Otto produces first gas at Edirne License in Western Turkey

Source: Otto Energy

First sales gas has been delivered into the BOTAS national gas grid from the Edirne license onshore Trace Basin of Western Turkey. This completes the first phase of activity comprising the discovery and development of eight individual gas accumulations within the Edirne License.

Otto Energy and its joint venture partners awarded two contracts for the design and engineering of a gas processing plant and pipeline for the development of the Edirne gas fields in Western Turkey.

Commissioning and optimization of the Edirne Gas Plant will be ongoing over the coming weeks with expected steady state production post commissioning to be in the range of 10 – 14 million cubic feet of natural gas per day.

Gas production from the Edirne license will be sold via a dedicated sales arrangement to AKSA Dogalgaz Toptan Satis A.S. Otto has elected not to participate in the Gas Plant ownership and will pay a processing fee to the Joint Operators.

The Edirne Joint Venture partners comprise Otto Energy, which holds a 35% interest in the Edirne License and Joint Operators TransAtlantic Exploration Mediterranean Int. (TEMI) with 55% interest and local Turkish company Petraco with 10% interest.

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