Turkey Looks to Vast Gas Discovery to Bolster Ailing Economy

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Turkey Looks to Vast Gas Discovery to Bolster Ailing Economy
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Turkey has identified a vast natural gas field in the Black Sea, President Erdogan said, a discovery that could help the country ease its reliance on energy imports

ISTANBUL—Turkey has identified a vast natural gas field in the Black Sea, President Recep Tayyip Erdogan said, a discovery that could help the country ease its reliance on energy imports.

The reservoir, appraised by a Turkish drilling ship in July, contains 320 billion cubic meters of gas, Mr. Erdogan said Friday, a volume equivalent to roughly seven times what Turkey imported in 2019. The president said authorities aimed to launch the offshore field into production in 2023, coinciding with the 100th anniversary of the Turkish...

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