Turkey will conduct oil exploration activities in the eastern Black Sea, Energy and Natural Resources Minister Fatih Donmez has said, adding that finding oil in this area is likely. Oil exploration activities are presently concentrated off the coast of the province of Zonguldak and seismic studies off the coast of …
Read More »Turkey Seeks Energy Production Abroad
Türkiye wants to engage in production activity in counties from which it buys natural gas or oil, Energy Minister Fatih Dönmez has said, adding that studies are underway to identify the location for a third nuclear plant. “This is our new energy strategy. We consider establishing partnerships with those countries …
Read More »Iran Oil Minister Holds Talks with Turkish Officials
The Iranian Oil Minister discussed the extension of the gas contract and energy trade in a meeting with the country’s energy and economic officials during his visit to neighboring Turkey. Javad Owji, who has traveled to Ankara at the head of a delegation, met with Fatih Dönmez and Nureddin Nebati, …
Read More »Turkey to Produce Sweet Natural Gas
Energy and Natural Resources Minister Fatih Dönmez has said Turkey must concentrate on producing its own natural gas not to be affected by the fluctuations in global energy prices, adding that the quality of the natural gas discovered in the Black Sea was high. “If we had oil, natural gas …
Read More »Turkey’s Energy Minister Says New Gas Find in Black Sea Imminent
Turkey will soon announce a significant natural gas discovery in the Black Sea, the country’s Energy and Natural Resources Minister Fatih Dönmez said on Nov. 9. “Natural gas is being used in Turkey’s 81 provinces right now. The countdown has started for good news about another natural gas discovery that …
Read More »Turkey Discovered 60 mln Barrels of Oil Equivalent Reserves so far in 2021
Turkey discovered an additional 60 million barrels of oil equivalent reserves with 26 new onshore explorations this year, Fatih Dönmez, the minister of energy and natural resources, announced on Nov. 1. Speaking in parliament, Dönmez summarized the achievements that Turkey made with its own vessels on the completion of 15 …
Read More »Turkish Energy Minister: “A Natural Gas Futures Market will be Opened this Year”
According to the Turkish Daily Sabah, Fatih Donmez was speaking on Turkey’s efforts to ensure energy supply security and strengthen its place in energy markets in order to provide itself with better bargaining opportunities, at the 7th Southern Gas Corridor Advisory Council meeting. The launching of the Natural Gas Futures …
Read More »Turkey may Cooperate with Foreign Firms in Black Sea
Turkish Energy Minister Fatih Dönmez said on Oct. 22 that Turkey will operate the gas field which it recently discovered in the Black Sea on its own, but it may cooperate with foreign firms in terms of detailed work and equipment. His comments, at an interview with broadcaster A Para, …
Read More »Turkey to Deploy Third Drillship in Search for Hydrocarbons
Turkey is preparing to deploy a third drill ship as part of its search for hydrocarbons, Energy Minister Fatih Dönmez said in a tweet on Thursday. “The Kanuni period begins in our seas. Kanuni will sail from Taşucu Port on Oct. 10” the Dönmez said, referring to the Kanuni drillship …
Read More »Turkish Companies are Installing Power Station in Tripoli
The Turkish Minister of Energy and Natural Resources, Fatih Donmaz, said on Monday that several Turkish investors have agreements in Libya to install power stations to be run with natural gas. Donmaz added that a thousand megawatt power station in Tripoli is presently being implemented by a Turkish company which …
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