• magazine
  • entertainment
  • news
  • Global Edition
    • Global Edition
    • Australia
    • Belgique
    • Brasil
    • Canada (fr)
    • Canada (en)
    • Colombia
    • Deutschland
    • España
    • France
    • India
    • Ireland
    • Italia
    • Latino
    • México
    • Österreich
    • South Africa
    • Switzerland
    • United Kingdom
    • USA
Blog Title
  • Facebook
  • adsfasdf
  • YouTube

Erdogan announces discovery of new oil field in northeastern Turkey

Daniel Stewart

2022-12-12
El
El President of Turkey, Recep Tayyip Erdogan – -/APA Images via ZUMA Press Wire / DPA

Turkey’s President Recep Tayyip Erdogan announced Monday that a new oil field has been discovered in a mountain in Sirnak (northeast) and emphasized that his intention is to increase oil production to 100,000 barrels per day.

«It is one of the ten largest onshore discoveries in 2022 in the world,» Erdogan has assured, adding that its potential production is equivalent to $12 billion (11.3 billion euros) at market price, Anatolia news agency has reported.

On the other hand, Erdogan has praised the work of Turkish Petroleum, which has accelerated its exploration and production activities. «We added 71 million barrels to our current reserve with 34 new discoveries in 2021 alone,» he has said.

Thus, he has explained that Turkish Petroleum’s daily production, which was about 40,000 barrels five years ago, has increased to 65,000 barrels today. Added to the private sector, the figure reaches 80,000 barrels per day, according to the agency.

  • At least 20 dead, most of them minors, after boat sinks in southern India
    2023-05-07

    At least 20 dead, most of them minors, after boat sinks in southern India

  • At least 7 killed after car drives into crowd in Texas
    2023-05-07

    At least 7 killed after car drives into crowd in Texas

  • Mozambique.- Army takes control of Lake Inguri area in Cabo Delgado
    2023-05-05

    Mozambique.- Army takes control of Lake Inguri area in Cabo Delgado

  • Turkish army kills Kurdistan Workers’ Party (PKK) leader in northern Iraq
    2023-05-04

    Turkish army kills Kurdistan Workers’ Party (PKK) leader in northern Iraq

  • These are 20 of the world’s most impressive forests
    2025-01-30

    These are 20 of the world’s most impressive forests

  • Ona Carbonell’s successful sports career comes to an end after more than 20 years and two Olympic medals
    2023-05-19

    Ona Carbonell’s successful sports career comes to an end after more than 20 years and two Olympic medals

  • Alcaraz beats Struff to retain title in Madrid
    2023-05-08

    Alcaraz beats Struff to retain title in Madrid

  • Facebook
  • adsfasdf
  • YouTube
  • magazine
  • entertainment
  • news
  • Terms & Conditions
  • Privacy Policy
  • © 2023 Copyright News 360 S.L.