Commodities
Turkey Announces Massive Boost to Black Sea Natural-Gas Reserves Estimate
- President Erdogan says reserves reach 710 billion cubic meters
- Reserves boost comes ahead of crucial elections in 2023
Drilling ships at the Sakarya gas field, in Turkey.
Photographer: Celal Gunes/Anadolu Agency/Getty Images
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Turkey boosted its estimate of natural gas reserves in the Black Sea by nearly a third, thanks to appraisal work at an existing field and a separate discovery, President Recep Tayyip Erdogan said on Monday.
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