With the Turkish government'.s decisiveness. the target of a 30 percent gas share in the power sector by 2023 will most likely be achieved in one to two years.
Read More »Turkey and Azerbaijan Agree to New Gas Pipeline
In the newly signed contract. Azerbaijan’s share of the oil will be 75 per cent. and bonus payments by foreign investors will reach $3.6 billion.
Read More »Turkey Aims to Increase Investment in Energy Sector
The energy sector is an important area for investment. given Turkey’s high dependence on energy imports.
Read More »Capacity of Bulgaria’s Transit Gas Pipeline to Turkey to Increase in 2018
The project is in line with the Bulgarian government’s efforts to diversify the current gas delivery routes and sources.
Read More »Turkey Upgrades Old Hydroelectric Power Plants
Currently. 600 hydroelectric power plants operate in Turkey.
Read More »13% Cut in Iran’s Natural Gas Price to Turkey
Iran is the biggest natural gas exporter to Turkey and started the export in 2011.
Read More »Turkey to Conduct Seismic Exploration in Mediterranean. Black Sea
Two vessels will carry out 2D and 3D seismic exploration work.
Read More »Iraq. Kurdish Group Reach Deal on Kirkuk Oil Flow to Turkey
The huge Kirkuk oil field can pump around 150.000 barrels per day.
Read More »US Senator: Turkey Seeks to `Absorb` Northern Syria
Turkey uses terrorist groups like ISIL and al-Qaeda to carry out ethnic cleansing in Northern Syria to pave the ground for Ankara'.s dominance there
Read More »Turkey Increases Oil Imports from Iran in Post-JCPOA Era
The average of Turkey'.s imports reached 126.000 bpd from the beginning of 2016 until the end of Nov.
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