Turkey discovers new natural gas reserve in Black Sea

Turkey has discovered a new natural gas reserve of 75 billion cubic metres in the Black Sea, President Recep Tayyip Erdogan announced. The reserve, valued at about $30 billion, was found in the Goktepe-3 well at a depth of 3,500 metres. Erdogan stated that this reserve could supply Turkish households with natural gas for 3.5 years.