Oil output in Türkiye’s once terror-ridden southeast at fresh peak
Daily Sabah :
Türkiye’s daily oil production in ??rnak, the southeastern province that had long been a victim of a heavy terrorist presence, has reached a fresh record, part of the country’s efforts to curb its heavy external energy dependency.
The output in the southeastern Gabar mountain region has exceeded 35,000 barrels per day (bpd), the state oil company Turkish Petroleum Corporation (TPAO) said on Friday.
“We broke the first record of 2024 in oil production at Gabar with 35,061 bpd,” TPAO wrote on social media platform X, formerly known as Twitter.
The production reached 25,000 bpd in October before increasing to 30,000 bpd last month.
President Recep Tayyip Erdo?an announced the discovery of an oil reserve in ??rnak province’s Mount Gabar in late December 2022. Erdo?an said the reserve contained an estimated 150 million barrels of oil valued at approximately $12 billion.
It was followed by the discovery of another reserve in the region last May, which the TPAO said boasted about 1 billion barrels and a market value of up to $80 billion.
