Tag Archives: Recep Tayyip Erdogan

Turkey has invested 27 billion Turkish liras ($3.6 billion) on natural gas distribution since 2002, President Recep Tayyip Erdogan said on Saturday. “Since the day we took office, investment in natural gas distribution across Turkey has reached a total of 27 billion Turkish liras,” Erdogan said via video link at …

Turkey is set to continue its search for energy resources in Black Sea region, where it has so far discovered 405 billion cubic meters (bcm) of natural gas, the country’s president said on Tuesday. Speaking at a news conference following an hours-long cabinet meeting in the presidential complex in the …

Referring to two countries’ good relations in various fields, the Iranian President said that “The Islamic Republic of Iran is determined to develop friendly and brotherly relations and cooperation with Turkey in all fields.” Speaking in a telephone call with Turkish President Recep Tayyip Erdogan on Friday, Hassan Rouhani congratulated …

Turkey is looking to reduce further its reliance on Russian gas, and for the first time in almost two decades, Turkey may not receive gas at all from Russian gas giant Gazprom for at least two weeks. According to Turkish state-owned Botas, cited by Interfax, the Turkish Stream pipeline will …

The European Union blacklisted two Turkish nationals as retaliation over Ankara’s energy drilling off Cyprus in a move that has more political symbolism than economic punch.

Turkish state lenders flooded the market with dollars on Thursday to help take the edge off a deepening lira rout amid concern the country is edging closer to a military conflict with Russian-backed forces in Syria.

Cyprus regards Turkey’s attempt to explore gas in the Eastern Mediterranean as provocative.

Libyan commander Khalifa Haftar blocked oil exports at ports under his control. slashing output by more than half and posing a potential setback for an international conference on Sunday that aims to broker an end to a civil war in the OPEC nation.

Analysts suggest that the signing of the EastMed deal in practice cancels the Turkey-Libya MoU.

Nord Stream 2 is the latest project in Putin’s plan for energy and geopolitical dominance in the world.