Turkey

Türkiye may announce new discoveries of oil soon

Türkiye may announce new discoveries of oil soon. Energy Minister hints a new exploration in Diyarbakır city. Türkiye extracts 10% of its annual oil need thanks to latest discoveries. The quantity may rise up in upcoming months.

Turkish state-owned oil company TPAO had found a 1-billion barrel reserve in Şırnak city two weeks ago. The value of new reserve is estimated to be $80 billion.


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