Opinion
Turkey’s New Natural Gas Discovery and Its Implications
On August 21, President Recep Tayyip Erdoğan announced the discovery of sizeable gas reserves of 320 bcm by the Tuna-1 well in the Sakarya Gas Field, located around 170 kilometres offshore in the Black Sea. As the estimates are preliminary, according to Turkish officials there could be an upward revision in the estimate, stressing the efficiency of the work being carried out.