Trillion Energy’s SASB Offshore Gas Project: An Operational Update
Vancouver, B.C., March 18, 2025 – Trillion Energy International Inc. (Trillion or the Company), a leading energy company listed on the Canadian Securities Exchange (CSE), the OTCQB Venture Market (OTCQB), and the Frankfurt Stock Exchange (Frankfurt: Z62), is thrilled to share an operational update on its SASB offshore gas project located in Turkey. This project is of significant importance to Trillion and the global energy sector as a whole.
Project Overview
The SASB offshore gas project is situated in the Black Sea, approximately 150 kilometers off the coast of Turkey. Trillion holds a 100% working interest in the project, which includes the exploration, development, and production of natural gas. The project’s estimated recoverable reserves are approximately 4.5 trillion cubic feet of natural gas.
Recent Achievements
Over the past year, Trillion has made considerable progress at the SASB project. The Company drilled and completed eight wells, six of which are currently producing gas. Trillion’s team has also successfully installed and commissioned the first phase of the subsea infrastructure, which includes a production pipeline and a subsea production system. This infrastructure is crucial for transporting the natural gas from the seabed to the onshore processing facility.
Upcoming Milestones
Trillion’s team is currently working on the second phase of the subsea infrastructure, which includes the installation of a gas compression platform and the expansion of the production pipeline. Once completed, these upgrades will significantly increase the project’s production capacity. Trillion anticipates that this phase will be finished by the end of 2025.
Impact on Consumers
The successful development of the SASB offshore gas project will have a positive impact on global energy markets and consumers. With the increasing demand for natural gas as a cleaner alternative to coal and oil, the project’s production capacity will contribute to a more diverse and stable energy supply. Additionally, the project’s proximity to major European markets allows for easy access to natural gas, potentially reducing transportation costs and ensuring energy security for European consumers.
Impact on the World
The SASB offshore gas project’s production capacity reinforces Turkey’s position as a significant energy hub in Europe. The project’s natural gas reserves will not only contribute to the country’s energy security but also strengthen its role as a key energy supplier to the European Union. Furthermore, the project’s success demonstrates Trillion’s commitment to responsible energy development and its ability to deliver value to its stakeholders.
Conclusion
Trillion’s SASB offshore gas project in Turkey is a testament to the Company’s dedication to exploring, developing, and producing natural gas in a responsible and sustainable manner. With the successful completion of the first phase and the upcoming milestones, Trillion is well-positioned to contribute to a more diverse and stable energy supply, benefiting both consumers and the global energy market. Stay tuned for future updates on the project’s progress.
- Trillion Energy International Inc. announces operational update on SASB offshore gas project in Turkey.
- Project includes exploration, development, and production of natural gas with recoverable reserves of approximately 4.5 TCF.
- Trillion has drilled and completed eight wells, six currently producing gas.
- First phase of subsea infrastructure installed and commissioned.
- Upcoming milestones include installation of gas compression platform and expansion of production pipeline.
- Project will contribute to diverse and stable energy supply, benefiting consumers and the global energy market.
- Trillion’s success reinforces Turkey’s position as energy hub in Europe.