Tag Archives: Turkey

The US has confirmed that it has decided to withdraw support from the EastMed gas pipeline project, which sought to transport Israeli natural gas to the European market via the Mediterranean Sea and Greece. The US Embassy in Athens reiterated its commitment to connecting energy in the Eastern Mediterranean to …

A daily flow of 1.15 million cubic meters (mcm) of natural gas was achieved after a successful flow test of the first reservoir section in the Türkali-1 appraisal well in the Sakarya Gas Field, Turkish Petroleum (TPAO) said via Twitter late Monday. TPAO successfully completed the flow test of the …

Turkey raised the price of both electricity and natural gas on Saturday, New Year’s Day, Bloomberg reported. The price increase comes amidst a surge in global energy prices. For electricity, prices have increased between 52% and 130% for households, according to an estimate from Haberturk newspaper. In a statement issued …

Turkey’s total oil imports increased by 22.3% on an annual basis to 4.20 million tons in October, according to data released by the country’s energy watchdog on Thursday. Crude oil imports, the category with the highest oil import volume, rose by 24.2% in October to 2.89 million tons, the Energy …

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 …

Turkey has threatened to block any “unauthorized” search for gas and oil in what it considers its economic exclusive zone in the eastern Mediterranean after Cyprus awarded hydrocarbon exploration and drilling rights to Exxon Mobil and Qatar Petroleum, following a statement issued by the Turkish Foreign Ministry yesterday, 5 December …

Turkey intends to produce up to 40 million cubic meters of gas per day from fields in the Black Sea, President Recep Tayyip Erdogan said. “We hope to use the Black Sea gas from January 2023. It is planned that at the first stage 10 million cubic meters of gas …

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 …

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 …

As the world wrestles with soaring energy prices just ahead of winter, Turkey is revving up efforts to ensure the fallout is only minimally reflected on its citizens and their energy bills, according to officials. Gas and electricity prices, particularly in Europe, have been setting record highs on a daily …