Tag Archives: Turkey

The deputy petroleum minister for international and commercial affairs said on Monday that the present agreement for gas export to Turkey is valid until 2026 and the talks for extending the accord has started by National Iranian Gas Company, Trend reports citing IRNA. Speaking in the 3rd Specialized Summit on …

The share of natural gas in Turkey’s electricity generation grew by 21 percent last year compared to 2019, as increasing drought hindered the production capacity of the country’s hydropower plants, according to a recent report by the Electricity Generators Association of Turkey. Turkey’s gross electricity generation in 2020 was 305,431 …

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 has reportedly begun to export electricity to Iraq. According to Anadolu Agency, Turkey’s Energy Market Regulatory Authority (EMRA, EPDK) started supplying Iraq on Monday at a rate of 150 MW, through the Silopi-Zakho transmission line. The deal is due to run until 1st November, 2021.

Russian energy giant Gazprom is currently in talks with its Turkish partners to carry natural gas deliveries via the TurkStream pipeline to more European markets. “We are now in talks on the issue with our Turkish colleagues,” said Elena Burmistrova, chief executive of the Russian holding’s export arm, Gazprom Export, …

Azerbaijan and Turkey are expected to ink a memorandum of understanding on Igdir-Nakhchivan gas pipeline, Trend reports citing Turkish media. Azerbaijan’s energy ministry confirmed the information, saying that the details of the document will be revealed after its signing. Reportedly, the document is expected to be signed on Dec.15 between …

EU leaders have paved the way to place restrictions on more Turkish individuals and companies involved in drilling for gas offshore Cyprus, but stopped short of adopting broader economic sanctions against Ankara. Turkey’s drilling program in waters claimed by Cyprus, and its surveying activities in waters claimed by Greece with …

European Union leaders are set to agree sanctions on Turkish individuals on Thursday over a energy exploration dispute with Greece and Cyprus, but will postpone any harsher steps until March, according to a new draft summit statement. Shying away from a threat made in October to consider wider economic measures, …

Turkey will rank fifth in Europe for increasing its renewable power capacity, which is forecast to add 22.2 gigawatts (GW) by 2025 to reach 66.8 GW, according to International Energy Agency (IEA) data compiled by Anadolu Agency. The country’s total installed renewable energy capacity stood at 44.6 GW at the …

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, …