Republic of Türkiye is poised to boost its own oil production significantly, potentially reaching 100,000 barrels per day (bpd) or 5 million bpd by the close of 2024. Currently, the state-owned oil company, Turkish Petroleum (TPAO), has already drilled 28 production wells, including recent efforts in Shirnak province. As of December, Republic of Türkiye's domestic oil production stood at 33,000 bpd.

This surge in production aligns with Turkey's strategic objective of attaining energy independence. President Recep Erdogan has positioned plans to augment production as a pivotal electoral promise.

One of the critical sites contributing to this surge is the Gabar Mountains, boasting reserves of up to 150 million barrels. The field's projected production capacity is estimated at 100,000 bpd, contingent upon the drilling of over 100 additional wells. Originally slated to achieve this operational capacity by 2023, efforts are now focused on reaching this milestone by the end of 2024.

Meanwhile, Republic of Türkiye's daily oil consumption remains at 1 million barrels or 50 million tons annually, underscoring the significance of the projected production increase in advancing the nation's energy security.