Speaking at a cabinet meeting on Monday 9 November, the president of Türkiye, Recep Tayyip Erdogan, announced that the country had discovered two new oil fields in the southeastern Gaber region, offering an alternative to imported energy.
The newly discovered Gaziler and Cardakli fields began production in October 2026 and, according to initial assessments, contain around 135 million barrels of oil. Production is expected to exceed 100,000 barrels per day (bpd) in the second half of 2027, with Erdogan stating that 120,000 barrels per day would generate an estimated $4.4 billion (€3.9 billion) in annual economic contributions at current oil prices.
Reported by TürkiyeToday, Erdogan says that Gabar currently produces 84,000bpd from 184 wells, meeting around 8% of Türkiye’s oil consumption. He also claims accumulative crude oil production in Gabar has reached 75.4 million barrels, contributing approximately $6 billion (€5.3 billion) towards reducing Türkiye’s current account deficit.
Erdogan states: ‘We are producing Türkiye’s highest-quality oil in Gabar, where terrorism, violence and fear once prevailed… With our strategy of diversifying source countries, routes and forms, as well as our effective energy diplomacy, we have minimised the impact of these crises on our country… We attach particular importance to meeting this demand in the safest, most stable and most cost-effective way by diversifying our energy mix and increasing exploration and drilling activities… We worked, made efforts, invested and did not give up in the face of obstacles. Thankfully, we have added very significant discoveries to our country’s gains.’
