Turkish President Recep Tayyip Erdoğan has announced that the country has made a significant natural gas discovery in the Black Sea.
The country has identified new natural gas deposits of 135 billion cubic metres (Bcm) in the Sakarya gas field, taking its overall reserves in the region to 540 Bcm. The discovery was made by state energy company TPAO at the Amasra-1 offshore well.
TPAO is planning to develop the new discoveries with its own resources, without any foreign funding. Last year, Turkey discovered 405 Bcm of gas at the nearby Tuna-1 well in the Sakarya field, located north of the Turkish coast. It is said to be the biggest ever discovery in the Black Sea.
The Sakarya field is expected to start gas production in 2023.
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