Turkish gas field in the Black Sea turned out to be larger than previously thought

12 October 2020, 03:27 | Economy
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As reported by Bloomberg, in the coming days, the Turkish government should come up with a new assessment of gas reserves in a field explored in the Black Sea. It is assumed that it significantly exceeds the original. The fact that a field with a volume of about 320 billion cubic meters of natural gas was discovered in the Black Sea was announced in August by Turkish President Recep Tayyip Erdogan. According to him, energy supplies from it may begin as early as 2023..

Turkey annually consumes about 50 billion cubic meters of gas, almost completely importing it from abroad. Erdogan intends to turn the country into an energy exporter. An additional drilling vessel will be sent to the Black Sea in 2021, writes newsru. co. il. At the same time, Turkey is exploring for gas in the Eastern Mediterranean. This led to a conflict with Greece and Cyprus, which claim that Ankara is developing in their economic zone.. Turkey insists that the development area belongs to Northern Cyprus - an unrecognized state entity, a Turkish satellite.




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