Turkey sets record in petroleum and gas production

Turkey achieved record-breaking daily and monthly petroleum and natural gas production in October.

The Turkish Ministry of Energy and Natural Resources announced that daily petroleum and natural gas production in October reached 111,280 barrels and 7.9 million cubic meters, respectively—the highest daily production levels in the country’s history.

Petroleum production from the Gabar region reached 1.6 million barrels, accounting for 46.6% of Turkey’s total petroleum output last month.

Natural gas production at the Sakarya field amounted to 196.7 million cubic meters, contributing 84% of Turkey’s total natural gas production.

In discussing the latest figures, Turkey’s Energy Minister Alparslan Bayraktar stated that the country is focusing on increasing petroleum and gas production in 2024. "we will further increase our production with new drilling and hopefully new discoveries," Bayraktar said. He added that regarding the exploration vessel Oruç Reis, we aim to discover new reserves and conduct new explorations across various continents, and our goal is Turkey's complete energy self-sufficiency.

The exploration vessel Oruç Reis arrived in Somalia last month to conduct seismic studies for petroleum and natural gas. Earlier this year, Turkey and Somalia signed a defense and economic cooperation agreement during the Somali Defense Minister’s visit to Ankara. In recent years, Turkey has become a close ally of Somalia, building schools, hospitals, and infrastructure while also providing scholarships for Somali citizens to study in Turkey.

According to the Hürriyet Daily, during a ceremony welcoming the vessel to Mogadishu Port, Bayraktar announced that the Turkish Petroleum Corporation and Somalia’s National Petroleum Agency had signed a new agreement for hydrocarbon exploration in Somalia.

BY WPB