Turkey discovers new natural gas reserve in the Black Sea

The Turkish government announced the discovery of deposits of billions of additional cubic meters of natural gas in a huge reservoir in the Black Sea.

The announcement, made this Saturday by the President of Turkey, Recep Tayyip Erdogan, on board the Fatih drillship, alludes to the discovery of 85 billion cubic meters of natural gas in the Black Sea, while the total volume of the TUNA well -1, the find of which was announced in August, is about 405 billion cubic meters.

“Our vessel continued working after finding the first gas field. During the new explorations, an additional 85 billion cubic meters were found. The total volume amounts to 405 billion cubic meters “Erdogan wrote through his Twitter account.

In addition, after expressing the hope that with discoveries like this, Turkey’s dependence on foreign natural gas will decrease significantly, it has announced that the goal is now to begin extraction of gas from the field in 2023.

The Turkish leader added that Turkey will continue to search for hydrocarbons in both the Black Sea and the Mediterranean. According to the head of state, the country plans to become a net energy exporter.

However, the search for gas in the Black Sea and the eastern Mediterranean Sea has caused a conflict between Turkey and Greece and Cyprus, and by extension with the European Union (EU), because the three countries dispute exploitation rights. of hydrocarbons in the same waters.

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