Tag Archives: Turkey

The natural gas deal with Bulgaria is a step forward in Turkey’s efforts to become an energy hub, Energy Minister Fatih Dönmez has said. “With this agreement, natural gas could be transmitted not only to Bulgaria but other countries via Bulgaria,” Dönmez added. On Jan. 3, Türkiye and Bulgaria signed …

Bulgaria on Tuesday signed a long-term deal to access Turkey’s liquefied natural gas (LNG) terminals, a move that could help diversify the region’s gas supply away from Russia and advance Turkey’s aim to be a regional energy hub. The agreement between Bulgaria state-owned gas operator Bulgargaz and Turkish state gas …

Turkey has upped the estimate of its natural gas reserves in the Black Sea by nearly a third, putting its total deposits at 710 billion cubic metres (bcm) in a boost to its aims of increasing its energy independence. Speaking after a cabinet meeting, President Recep Tayyip Erdogan said Turkey …

Gazprom is actively working with Turkiye and other market participants on the gas hub in the republic, Russian Deputy Prime Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel on Friday, adding that the decisions on the hub would be taken in 2023, TASS reports. …

Turkey on Friday accused Cyprus of increasing tension in the Eastern Mediterranean after a consortium of Italian and French energy companies found more natural gas off the island earlier this week. Cyprus’ hydrocarbon activities “have been carried out unilaterally,” and “violate the rights of the Turkish Cypriots, who are one …

Bulgaria’s acting energy minister arrived in Istanbul for talks that he hopes will lead to an agreement on long-term access to liquefied natural gas (LNG) terminals in Turkey and gas transit to its border. Executives of Bulgaria’s state gas company Bulgargaz and gas grid operator Bulgartransgaz are also taking part …

Turkey on Friday held a long-awaited ceremony to mark an increase in capacity at its first underground natural gas storage facility, in what officials say will make it the biggest storage site in Europe. The country has been filling its gas storage units this year as the import-dependent country sought …

Turkmenistan, Turkey, and Azerbaijan plan to set up a working group to cooperate in shipping Turkmen natural gas, Turkish Foreign Minister Mevlut Cavusoglu said at a joint press conference with his Turkmen and Azerbaijani counterparts in the city of Avaza, where the three countries had a summit. “We are willing …

The oil tanker traffic jam in the Bosphorus and Dardanelles Straits is growing, the Tribeca shipping agency told Reuters on Friday. The number of oil tankers idling in the Bosphorus and Dardanelles Straits waiting to enter Turkish waters has swelled to 28 as of Friday, compared to 20 on Monday. …

A US official said Wednesday that the oil price cap imposed on Russia does not involve ships navigating through Turkish waters. The Treasury Department said Deputy Secretary Wally Adeyemo spoke with Turkish Deputy Foreign Minister Sedat Onal and discussed Russia’s war against Ukraine and the implementation of the price cap …