Tag Archives: Turkey

Birol: Turkey should Avail of Anticipated LNG Surge in 2025

Turkey could take advantage from an expected global liquefied natural gas (LNG) production boom projected for 2025 onward, thanks to its extensive infrastructure, according to the head of the International Energy Agency (IEA). Fatih Birol, executive director of the IEA, recommended that Türkiye avail of this anticipated LNG boom that …

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Türkiye’s Natural Gas Demand Expected to Reach 53 bcm in 2024

Türkiye’s natural gas demand is expected to increase and reach around 53 billion cubic meters (bcm) in 2024, according to Yaşar Arslan, president of Türkiye’s Natural Gas Distribution Companies’ Association (GAZBIR), on Sunday. Arslan told Anadolu Agency (AA) that natural gas consumption this year may remain below the 56 billion …

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Turkey’s First Seismic-Research Vessel Operates Round the Clock for Country’s Energy Independence

Turkey’s first seismic research vessel “Barbaros Hayreddin Pasa,” which has scanned more than 50,000 square-kilometer in the last five years to search for oil and natural gas within the country’s territorial waters, is currently getting prepared for its next mission at Trabzon port where it briefly anchored for scheduled maintenance. …

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Turkey Signs Deal for Natural Gas Exports to Romania

Turkey has agreed to send natural gas via pipeline to Romania starting from Oct. 1 and running until March 31, 2025, the Turkish Petroleum Pipeline Corporation (BOTAS) announced on Wednesday. The agreement between BOTAS and Romania’s OMV Petrom, one of the largest energy companies in the region, will cover the …

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Turkey Seeks $950M from Iraq over KRG Oil Dispute

When Iraq in April asked a US federal court to enforce an arbitration ruling against Turkey, seeking $1.4bn damages in relation to crude oil exports from its autonomous Kurdistan region, everyone was caught off guard in Ankara. Iraq had not notified Turkish officials, let alone tried to have a conversation …

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