Erdogan announces more gas reserves find in Black Sea

SourceMiddle East Observer
SectorOil & Gas
CountryMiddle east

Turkish President Recep Tayyip Erdogan on Saturday announced the discovery of an additional 85 billion cubic meters of natural gas in the Black Sea, following a historic find this summer, reports Anadolu Agency.“Total amount of natural gas reserves in the TUNA-1 well in Sakarya Gas Field reached 405 billion cubic meters,” President Recep Tayyip Erdogan said after his inspections at the drill ship Fatih.“The reserves we discovered in the Black Sea are the largest hydrocarbon resource of our country till today,” he added.Erdogan’s announcement came closely on the heels of the historic natural gas find in August, also in the Black Sea.Wednesday, speaking to the ruling Justice and Development (AK) Party deputies, Erdogan said: “We will personally witness the efforts on site and announce the amount of the new reserves.”The more...