President Erdoğan announces major oil discovery
Turkish President Recep Tayyip Erdoğan announced on Tuesday that the country has found oil with a production capacity of 100 thousand barrels per day in Cudi, Gabar.
- Turkey
- Published Date: 04:41 | 02 May 2023
- Modified Date: 07:18 | 02 May 2023
"I want to share a new good news. We found oil with a production capacity of 100 thousand barrels per day in Cudi, Gabar," he said.
"Turkey will no longer be a needy one in energy, but an energy exporter," he added.
President Erdoğan also added that "We have now started to produce oil from wells on which concrete was poured because there was no oil, and from areas that had to be abandoned due to terrorism."
Erdoğan also said that the the oil reserve (Aybüke Yalçın Oil Well) is 20 kilometers from Cizre and is of very high quality.
"(Aybüke Yalçın Oil Well) We will be able to increase the oil we find at a depth of 2600 meters to a production capacity of 100 thousand barrels with 100 wells we will drill in the region," he said.
"Our new field, the Şehit Aybüke Yalçın-1 well, will hopefully provide more oil than that of produced in the whole of our country itself."