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2 clusters · 11 sources · 3 days · First seen · Last updated

Turkey energy production and policy expansion

Overview

Turkey is expanding its domestic energy production through both fossil fuel and renewable initiatives. In the Gabar region of Şırnak, oil production has reached approximately 84,000 to 85,000 barrels per day, with Minister of Energy and Natural Resources Alparslan Bayraktar stating targets to exceed 100,000 barrels daily by 2027.

In the Black Sea, the Sakarya Gas Field has entered a second phase involving the deployment of a massive offshore platform. This facility is intended to double natural gas production from 10 million to 20 million cubic meters per day.

Beyond extraction, the Turkish government has outlined long-term strategic goals to reduce foreign dependency. These include a target to source 70 percent of energy needs from renewable resources—such as solar, wind, hydroelectric, and geothermal energy—by 2040, supported by a planned 20 billion dollar investment in energy efficiency between 2024 and 2030.

Entities

Gabar · Alparslan Bayraktar · Ember · China · Ufuk Alparslan

Timeline

  1. [BUSINESS] 2 sources
    Turkey aims for 100,000 barrels of daily oil from Gabar

    Turkey aims to increase daily oil production in Gabar to over 100,000 barrels by 2027 and targets 70% renewable energy by 2040.

  2. [BUSINESS] 10 sources
    Turkey announces energy expansion in Gabar and Black Sea

    Turkey's Energy Minister Alparslan Bayraktar announced increased oil production in Gabar and a new offshore gas processing platform in the Black Sea to boost domestic energy supplies.

Sources

baskentgazete.com.tr · benguturk.com · dunya.com · gazetedamga.com.tr · m.haberturk.com · malabadigazetesi.com · merhabahaber.com · sondakika.com · turkgun.com · yenicaggazetesi.com.tr · yenisafak.com