Turkey Energy Minister Bayraktar said on Tuesday the country could reach acquisition or oil-and-gas exploration agreements before year-end to help lift output toward a 1.0 mln barrels oil equivalent per day target. Current capacity is about 300k boe/d; existing plans aim for 550–600k boe/d by 2028. Bayraktar said achieving 1.0 mln boe/d would require more than a threefold increase from current output and that the 2028 plan remains far short. He said Turkey is targeting overseas opportunities, in

Turkey Energy Minister Bayraktar said on Tuesday the country could reach acquisition or oil-and-gas exploration agreements before year-end to help lift output toward a 1.0 mln barrels oil equivalent per day target. Current capacity is about 300k boe/d; existing plans aim for 550–600k boe/d by 2028. Bayraktar said achieving 1.0 mln boe/d would require more than a threefold increase from current output and that the 2028 plan remains far short. He said Turkey is targeting overseas opportunities, including in Africa and Lebanon, and is exploring power trade with Lebanon alongside potential local oil-and-gas exploration.