Turkey has discovered another 135 billion cubic meters natural gas in the southern Black Sea, the president announced tonight Recep Tayyip Erdogan.
The total amount of natural gas found in the area is 540 billion cubic meters.
Speaking at an inauguration ceremony in Zonguldak province, Erdogan said the new discovery was made on the Amasra-1 plot, adding that he expects more “good news” from the area.
Last year, the Fatih drilling rig discovered 405 billion cubic meters in this deposit, called Sakaria.
According to the French Agency, the quantities of natural gas that Ankara has discovered are moderate, compared to the world’s large deposits, and experts estimate that the cost of extraction will be high, mainly due to the great depth.
Turkey consumes about 45-50 billion cubic meters of natural gas each year, which is imported almost entirely from Russia.