According to Recep Tayyip Erdogan, Mount Gabar’s oil reserves, valued at $12 billion, are among the top 10 earth discoveries in 2022.
The President of the Republic of Türkiye, Recep Tayyip Erdogan announced on Monday the discovery of a deposit of 150 million net oil reserves on Mount Gabar, in the east of the country, worth about 12 billion dollars.
“We have discovered 150 million barrels of net oil reserves in Mount Gabar. It is one of the top 10 onshore deposit discoveries in 2022. The value of the reserve is around $12 billion,” he said after the cabinet meeting he chaired. in the capital Ankara.
Erdogan also unveiled Türkiye’s goal of increasing daily production to 100 barrels by 000, through more “seismic surveys, drilling and productivity improvement methods.” »
