BLACK GOLD
Erdogan put the total value of
reserves in Cudi Gabar at $12 billion
and vowed to make Turkey energy
independent and a net exporter of
oil in the coming years
State-run Turkish Petroleum (TPAO)
said the Sehit Aybuke Yalcin field,
named after a 22-year-old
schoolteacher who was killed in the
crossfire of a PKK attack in 2017
currently produces 10,000 barrels of
oil per day. The production target is
set for 10 times that amount, more
than doubling Turkey's current oil
production
TPAO said the fields contain "light"
crude that is easy to extract and
refine. Sirnak Governor Osman
Bilgin said the oil was so light that i
could be used as is to operate
powered tractors.