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Turkey's Natural Gas Discovery Could Promise New Era

Dorian Jones

   Turkish President Recep Tayyip Erdogan announced Friday the discovery
   of a vast natural gas field in the Black Sea. With the prospect of
   long-term energy security, Erdogan is also vowing to step up energy
   exploration in Aegean and eastern Mediterranean waters that Greece says
   it controls.

   "Turkey has made its biggest natural gas discovery," said Erdogan at a
   news conference, calling it a "historic day" and adding that the
   discovery offers Turkey a "new era."

   The Turkish president said the new gas field contains 320 billion cubic
   meters of natural gas and could start producing by 2023, to coincide
   with the centenary celebrations marking the foundation of the Turkish
   Republic.

   Reuters news agency, citing sources, claimed the find could meet
   Turkish energy needs for the next 20 years.

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