Ankara, October 18,2026 : Turkiye plans to raise oil production through the Turkish Petroleum Corporation (TPAO) to 550,000 barrels per day by 2028, with an ultimate target of 1 million barrels per day.
TPAO Has Doubled Output in Five Years
Energy and Natural Resources Minister Alparslan Bayraktar said TPAO had doubled its output to around 300,000 barrels per day over the past five years, driven by new field discoveries.
Remarks Made at Osman Gazi Platform Ceremony
Bayraktar was speaking at a ceremony marking the dispatch of the Osman Gazi floating production platform to its operating site at the Sakarya Gas Field in the Black Sea. He said he hoped Turkiye would reach its 1-million-barrel daily target.
Exploration to Continue at Home and Abroad
He underscored Ankara’s continued exploration of oil and gas fields in the Black Sea, noting that Turkiye is conducting geological exploration both at home and abroad. Bayraktar said Turkiye plans to increase proven gas reserves at the Sakarya field and continue drilling elsewhere in the Black Sea and in southeastern Turkiye to tap new natural gas and oil deposits.
Turkiye Ranks Fourth Globally by Energy Fleet Size
Bayraktar noted that Turkiye has six deepwater drilling ships, two seismic survey vessels, and support ships, ranking fourth globally by energy fleet size.
Source: QNA
