Tag Archives: Turkey

Turkey will look to negotiate an extension to a five-year swap agreement to receive natural gas from Turkmenistan, Turkish Energy Minister Alparslan Bayraktar told local daily Hürriyet on Tuesday. Two weeks ago, Bayraktar announced that Turkish state firm BOTAS and Turkmenistan’s Turkmengaz signed an agreement to supply gas from the …

Turkish steelmaker Tosyali Holding will invest nearly $1 billion in solar energy in eight different provinces of Turkey to be able to use solar power for green steel production, the firm’s chairman, Fuat Tosyali, told Anadolu. Tosyali, while attending the 55th Annual Meeting of the World Economic Forum (WEF) in …

Syria will receive two electricity-generating ships from Turkey and Qatar to boost energy supplies hit by damage to infrastructure during President Bashar al-Assad’s rule, state news agency SANA quoted an official as saying on Tuesday. Khaled Abu Dai, director general of the General Establishment for Electricity Transmission and Distribution, told …

Qatar-Turkey Natural Gas Pipeline has huge importance for regional stability and energy challenges, Anadolu Agency reports. Global energy expert Imraan Minty said the pipeline could theoretically align with Europe’s energy diversification goals. He however cautioned that it is crucial to avoid making the project overly reliant on European demand. Europe …

Turkey is working to resolve the energy supply issues in Syria and is ready to provide electricity to the country, where Ankara supported the rebels who toppled Bashar al-Assad earlier this month, Turkish Energy Minister Alparslan Bayraktar said on Monday. “The vast majority of people meet their electricity needs with …

Turkey has signaled it wants to take part in the revival of oil and gas production in Syria, Bloomberg has reported, citing a statement by Turkey’s energy minister. Speaking to the media, Alparslan Bayraktar said that Turkey was working to help Syria with its electricity supply, adding that expanding this …

The United States has exempted Turkey from sanctions on Russia’s Gazprombank so that it can continue to pay for gas imports, the Turkish energy minister told Bloomberg. Washington sanctioned dozens of Russian banks in November, including Gazprombank, which since March 2022 had been the only bank countries could use to …

Turkey wants to discuss with Russia the special price of natural gas being imported from Russia, announced the Minister of Energy and Natural Resources of Turkey, Alparslan Bayraktar. “In 2023, we signed a [natural] gas contract with Russia at very special prices. We have such a program for 2024 and …

Turkish research vessel Oruç Reis has arrived off the coast of Somalia to conduct seismic surveys for oil and natural gas, Turkish Energy and Natural Resources Minister Alparslan Bayraktar announced on Oct. 25. “Oruç Reis has reached its mission location after its journey across continents,” Bayraktar shared on X. The …

Turkey will need $108 billion of public and private investment as it aims to quadruple its wind and solar energy power capacity to 120,000 MW by 2035, Energy Minister Alparslan Bayraktar said on Oct. 21. Speaking at an event to announce Turkey’s roadmap in the field of renewable energy, Bayraktar …