Erdogan announces major oil field in Turkey

Turkish President Recep Tayyip Erdogan announced the discovery of a large oil field in the northeast of the country.

The net volume of discovered oil reserves is 150 million barrels, transmits Anadolu agency, referring to the message of the head of the Turkish state. The field is located in the region of Mount Gabar in Shirnak province, and the value of the reserves is estimated at about $12 billion, Erdogan quoted the publication as saying:

“This is one of the ten largest discoveries onshore in 2022.”

On December 6, the Turkish Sabah wrote that Erdogan would soon announce the discovery of oil fields in Shirnak. The possible volume of production of raw materials in the territory near Mount Gabar was then estimated at 5,000 barrels per day, with the possibility of bringing it up to 20,000 barrels.

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