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 …
Read More »Turkey Backs Off in EastMed, But For How Long?
Turkey withdrew its seismic research vessel, the Oruc Reis, from the contested waters of the eastern Mediterranean Sea, where tensions triggered by the ship’s activities have run high for more than a month. The move came as a surprise for many, and observers wonder whether the move is just a …
Read More »Turkey to Deploy Second Drilling Ship to Black Sea
Turkey will deploy another drilling ship, named Kanuni, to the Black Sea, Energy and Natural Resources Minister Fatih Donmez said on Sunday. Kanuni will support another Turkish vessel, named Fatih, which in mid-August discovered gas deposits in the Black Sea of 320 billion cubic meters with an estimated value of …
Read More »Turkey Extends Controversial Mediterranean Gas Exploration
Turkey has extended until mid-September a controversial east Mediterranean gas exploration mission that has put it at odds with Greece and the rest of the EU. Ankara deployed the Oruc Reis research vessel and warships to the disputed waters on August 10 and prolonged the mission twice. Greece responded by …
Read More »German FM Calls on Greece, Turkey to Discuss Natural Gas Dispute
Before his mediation trip, German Foreign Minister Heiko Maas on Tuesday called on Greece and Turkey to discuss their territorial claims in the Mediterranean. “A further escalation can only harm everyone, but above all those directly involved on site,” Maas said in a statement released by the German Foreign Office. …
Read More »Turkey: Gas Find could Bring Cooperation with Russia, Iran
Turkey’s largest-ever natural gas discovery in the Black Sea could lead to new cooperation with Russia and Iran even as it aims to be a producer and not just a buyer, Turkish Finance Minister Berat Albayrak said on Tuesday. “The countries we have been cooperating with for years are Iran …
Read More »Turkish-Discovered New Black Sea Gas Reserve Valued at $65 Billion
The approximate value of the large gas reserve in the Black Sea which Turkey said it discovered earlier in the day is $65 billion, Turkish Energy Minister Fatih Donmez said on Friday. “The approximate value is $65 billion. We will be conducting the seismological exploration and drilling on our own”, …
Read More »Turkey Nets Largest-Ever Find with Tuna-1 Gas Discovery
A gas discovery of the scale of the Tuna-1 find in the Black Sea, if developed, would be transformational for Turkey, given its overwhelming reliance on imports and crippling energy import bill. Turkey is chiefly reliant on piped gas from Russia, Azerbaijan and Iran but the share of liquefied natural …
Read More »Iran Determined to Expand Ties with Turkey in All Fields
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 …
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