Will Türkiye’s oil dream come true?

According to Webangah News quoted by Tasnim News agency, the news of record-breaking oil extraction in the mountainous province of Sarnak in Turkey was at the top of the country’s news. Sharnak, as an oil province, has always been the focus of Justice and Development Party officials and Erdogan’s government. This mountainous province, which has been the site of conflict between the PKK terrorist group and the Turkish military for four decades, is again at the center of the most important news Ankara and Istanbul media were placed. Because Alp Arslan Birkdar, Minister of Energy and Natural Resources of Turkey, by visiting Sarnak, announced that the new capacities of Gabar oil exploration and extraction have given the Turkish government and people great hope.

He said about field resources. Nafti of Kohestan Gabar in Sharnak Province made a statement that was reflected in the headlines of newspapers printed in Ankara. Tasnim/Uploaded/Image/1403/01/24/1403012413224752129796344.jpg”/>

In addition to Sharnak, there are small amounts of oil in Batman, Adiaman and Adana provinces. Also, Turkey has tried to explore and extract oil on the coasts of the Turkish-inhabited part of the island of Cyprus, but this action has been met with repeated protests by Cyprus, Greece and the European Union, and Turkey has had to turn its ships back several times.

However, the exaggeration of the Ankara authorities about the importance of the oil reserves in the Gabbar field in Sarnak province is not consistent with the oil production capacities.

A record of 40,000 barrels!
Kalandi newspaper, one of Akparty-controlled newspapers, wrote: “The oil extraction record in the history of the Republic of Turkey was broken in Gabar”.

This newspaper quoted Alp Arslan Birqdar, Minister of Energy and Natural Resources, as saying: “The daily production of oil in 33 wells in Gabar has broken the record in the history of the republic, and until today we have exceeded the limit of 40,000 barrels per day”.

Bayrakdar then called Erdogan on his mobile phone and in the presence of oil managers and engineers, from the president to He thanked for his constant support and excellent guidance!

He announced: “As of today, our total oil production in Turkey has exceeded 100,000 barrels. Sarnak is now clearly the oil capital of Türkiye. At the beginning of the year, we said that our goal is to produce 100,000 barrels per day by the end of 2024. This is a very important development to reduce Türkiye’s dependence on foreign countries, especially in the field of energy. Work will continue without interruption and there are new exploration wells in Hakkari and Merz Van. These production figures will reach a much higher level with the discoveries that will take place in these wells this year. We are extracting oil here at a depth of 2,500 meters in some places, 2,800 meters. Especially in the Akdeniz area, we conduct directional drilling up to a depth of 4500 meters in that area. Sarnak is an important oil transit route for Türkiye and the world. The Iraq-Turkey oil pipeline passes through here, the oil is used for the country’s needs, it reaches the world markets and the region develops”.

Neglecting the most important point in oil economy
One of the most important economic issues in oil exploration and extraction is to be able to prove this issue with a scientific estimate close to reality. including the total costs, whether the implementation of the operation is profitable or not.

In simpler language, if it is supposed to extract one million barrels of oil, a budget will be spent that is close to the cost price of the same If it is one million barrels, no government or company will go for such a project.

Extraction is cost-effective if it is determined that the harvested oil not only covers the total final costs, but also provides a significant profit. brings. But in Turkey, you can clearly see that there is no such thing. Statistics show that the total oil produced in Turkey since 2021 has been only 10 million barrels! To produce this small amount of crude oil, 3,000 people have been working and the costs of exploration and extraction have been very high.

In the Black Sea region, both exploration and extraction are very expensive. It has no economic justification, but Erdogan’s government has continued oil and gas operations for political and propaganda benefits.

Erdogan Energy and politics
Turkey, as a country that struggles with poverty and dependence on imported resources in the field of fuel and energy, spends more than one hundred million dollars of its income annually on oil imports. and gas.

However, the government always talks about the possibility of achieving oil self-sufficiency, and in the last few years, Erdogan, as the president and leader of the ruling party, has given the gas fields discovered in the Black Sea region to It is considered the title of Turkey’s future hope.

It seems that highlighting the news of increased oil production in the Gabbar oil field in Sharnak province is not unrelated to the mood after the election defeat of the ruling party. Because for the first time in the 22-year history of the Justice and Development Party, this party has fallen to the position of the second party in the country, and due to the high prices of oil, gas, gasoline and electricity in Turkey, the publication of news about the possibility of obtaining national resources and Cheap, it can restore the spirit of Akparty supporters to some extent.

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