Black Sea

  • Erdogan announces historic Turkish gas find in Black Sea
    ISTANBUL, August 21 (Reuters): Turkey announced its biggest ever natural gas discovery on Friday, a 320 billion cubic metre (11.3 trillion cubic feet) Black Sea field which President Tayyip Erdogan said was part of even bigger reserves and could come onstream as soon as 2023. If the gas can be commercially extracted, the discovery could help Ankara cut its current dependence on imports - from countries such as Russia, Iran and Azerbaijan - for most of its energy needs. "