Turkey has discovered more natural gas in Black Sea, Erdogan says

Erdogan announced Turkey has discovered an additional 135 billion cubic metres of natural gas.

President Recep Tayyip Erdogan announced the discovery of new natural gas deposits in the Black Sea, where Turkey plans to start production in 2023. State energy company Tpao found 135 billion cubic meters of gas at the Amasra-1 offshore well, bringing the total amount of deposits discovered over the past year to 540 billion cubic meters, Erdogan said in televised remarks from the Black Sea coastal city of Zonguldak. No independent audit of total and recoverable gas at either of the finds in the so-called Sakarya field has been made available by authorities. Officials have said Tpao is planning to develop the deposits on its own, and won’t need foreign financing.