Turkey is about to revise up the estimate of its natural gas discovery in the Black Sea, Bloomberg reported on Friday, quoting sources with direct knowledge of the plans. In August, Turkey’s President Recep Erdogan said that the country had made a large natural gas discovery in its waters in the Black Sea. Back then, the estimate Turkey gave was of 320 billion cubic meters of natural gas and said this was its largest-ever gas discovery. Erdogan hailed the find as a historic find that would help Turkey’s energy security. Turkey currently imports nearly all the gas it consumes. Erdogan said in August he hoped that the Tuna-1 discovery could start producing gas as early as in 2023. Now Turkey is said to be preparing to update as soon as next week the amount of gas after further exploration drilling is completed, Bloomberg’s sources said. The Turkish government is […]