Turkiye significantly increased its domestic oil production, reaching a daily output of 132,000 barrels as of March, Turkish Energy and Natural Resources Minister Alparslan Bayraktar told the semi-official Anadolu Agency recently.

The Turkish minister announced plans to drill 153 new oil wells, primarily in the Gabar region of Sirnak province, Van province and Diyarbakir province, along with the areas near the Turkiye-Syria border.

He said the Gabar oil field, discovered in 2021 and recognised as the largest oil find in Turkiye’s history, has significantly contributed to the national economy, noting that the regional production now adds USD2 billion annually to the country’s economy.

When elaborating on work to enhance Turkiye’s natural gas production, the minister said that seven million cubic metre of natural gas is produced daily from the Sakarya Gas Field in the Black Sea, enough to meet the needs of approximately three million households.

According to the minister, Turkiye plans to invest TRY259 billion (approximately USD7.11 billion) in the energy sector under the 2025 Investment Programme.