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Türkiye to become energy exporter with new oil reserves

Türkiye's new oil discovery in the country's southeastern region of Gabar is estimated to increase the country's overall hydrocarbon production from 100,000 barrels per day (bpd) to 180,000 bpd, with an estimated yearly financial contribution of around $2.9 billion.

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Türkiye to become energy exporter with new oil reserves

Stating that the city has broken its shell and that there will be no shortage of employment in the next period, Bilgin noted that Şırnak will now be remembered with sports, production and employment.

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Türkiye to become energy exporter with new oil reserves

By the end of the year, the Turkish Petroleum Corporation (TPAO) is projected to complete approximately 200 well drilling operations across nearly 20 provinces solely on land.

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Türkiye to become energy exporter with new oil reserves

These extensive drilling efforts will contribute to a significant increase in daily oil production, with the target set at reaching 90 thousand barrels per day.

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Türkiye to become energy exporter with new oil reserves

TPAO has achieved a remarkable milestone by reaching the highest daily domestic production level in the last 32 years, producing 70,076 barrels.

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Türkiye to become energy exporter with new oil reserves

Erdoğan also announced that the petroleum well in Gabar is named after a young music teacher, Aybüke Yalçın, who was killed in a PKK terror attack in 2017 in southeastern Türkiye.

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Türkiye to become energy exporter with new oil reserves

"Our new field, the Martyr Aybüke Yalçın-1 Well, will hopefully provide more oil than produced around the whole country," he added.